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GOVERNMENTS' ADOPTION OF NATIVE CRYPTOCURRENCY: A CASE STUDY OF IRAN, RUSSIA, AND VENEZUELA
- 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 |
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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. |
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Subject(s): |
Cryptocurrency Finance International Relations Iran Russia Venezuela Globalization Currency Government Politics Law |
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Persistent Link to This Record: | http://purl.flvc.org/ucf/fd/CFH2000502 | |
Restrictions on Access: | public | |
Host Institution: | UCF |