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GOVERNMENTS' ADOPTION OF NATIVE CRYPTOCURRENCY: A CASE STUDY OF IRAN, RUSSIA, AND VENEZUELA

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Date Issued:
2019
Abstract/Description:
The emergence of digital currency is becoming prevalent in the age of globalization - specifically, cryptocurrencies. Cryptocurrencies and blockchain are two recently discovered concepts currently being explored by researchers and developers. Cryptocurrency is a subset of digital currency that encompasses revolutionary technology, shifting political and economic spheres in nation-states. Certain governments are more prone to the adoption of cryptocurrencies and three comparative case study countries, Iran, Russia, and Venezuela, have shared attributes that result in adoption. Observed factors that result in the adoption of cryptocurrencies include corruption, GDP level, economic volatility, and Western sanctions. These factors will be applied in the case study countries to analyze the adoption of native government-backed cryptocurrency.
Title: GOVERNMENTS' ADOPTION OF NATIVE CRYPTOCURRENCY: A CASE STUDY OF IRAN, RUSSIA, AND VENEZUELA.
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Name(s): Mahdavieh, Rose, Author
Turcu, Anca, Committee Chair
Mousseau, Demet, Committee Member
University of Central Florida, Degree Grantor
Type of Resource: text
Date Issued: 2019
Publisher: University of Central Florida
Language(s): English
Abstract/Description: The emergence of digital currency is becoming prevalent in the age of globalization - specifically, cryptocurrencies. Cryptocurrencies and blockchain are two recently discovered concepts currently being explored by researchers and developers. Cryptocurrency is a subset of digital currency that encompasses revolutionary technology, shifting political and economic spheres in nation-states. Certain governments are more prone to the adoption of cryptocurrencies and three comparative case study countries, Iran, Russia, and Venezuela, have shared attributes that result in adoption. Observed factors that result in the adoption of cryptocurrencies include corruption, GDP level, economic volatility, and Western sanctions. These factors will be applied in the case study countries to analyze the adoption of native government-backed cryptocurrency.
Identifier: CFH2000502 (IID), ucf:45630 (fedora)
Note(s): 2019-05-01
B.A.
College of Sciences, Political Science
Bachelors
This record was generated from author submitted information.
Subject(s): Cryptocurrency
Finance
International Relations
Iran
Russia
Venezuela
Globalization
Currency
Government
Politics
Law
Persistent Link to This Record: http://purl.flvc.org/ucf/fd/CFH2000502
Restrictions on Access: public
Host Institution: UCF

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