Kryptovalyuta: intruder Fintech

Blockchains, sidechains, mining – the terminology in the underground world cryptocurrency continue to gain minutes. Despite the fact that the introduction of new financial terms in the already intricate world of finance, kryptavalyuty offer just the right solution for one of the biggest troubles in the money market today – security of transactions in the digital world. Kryptovalyuta – it defines and disruptive innovation in a world that is moving in the art, the appropriate response to the need for a secure environment during the exchange of virtual transactions. At a time when transactions are just numbers and figures cryptocurrency proposes to do just that!

In the most rudimentary form of the term, cryptocurrency – is proof of alternative virtual currency, which promises equipped anonymous transactions through network interconnection network. Wrong value – it is rather a property, rather than actual currency. Unlike everyday money cryptocurrency models work without a central authority as a decentralized digital mechanism. The distribution mechanism cryptocurrency money issued, managed and supported by partner networks, collective society – continuous activity of which is known as the Mining on a flat car. Successful miners also receive coins in gratitude for the time and resources used. When you use transaction information is transmitted in a block-circuit in the network under a public key, not giving each coin to spend twice by the same user. The block chain may be considered as a cashier register. Coins assigned to the password-protected digital wallet, representing the user.

Delivery of coins in the world of digital currency in advance is received, NOT padlyagayuchy manipulation of people, organizations, government agencies and financial institutions. Cryptocurrency system is known for its speed, as the transaction activity on digital wallets may materialize tools in minutes compared to the traditional banking system. It is also largely irreversible design, which further reinforces the idea of ​​anonymity and excludes all further chances to return the money back to its original owner. Unfortunately, important functions – speed, security and anonymity – also made crypto coin transactions regime for many illegal transactions.

As in the money market in the real world, exchange rates fluctuate in the ecosystem of digital coins. Due to the limited number of coins increasing demand for the currency, coins grow in value. Bitcoin – the largest and most successful cryptocurrency so far, with a market capitalization of 15.3 billion dollars, which occupies 37.6% of the market and is now estimated at 8 997.31 dollars. Bitcoin fell on the foreign exchange market in December 2017, trading at $ 19, 783.21 for a coin before you face the sudden drop in 2018. Falling partly due to an increase of alternative digital coins such as Ethereum, NPCcoin, Ripple, EOS, Litecoin and MintChip.

Due to the tough zakodavanyh restrictions on their offer, it is believed that cryptocurrency perform the same principles of economy, and the gold – the price is determined by the limited supply and demand fluctuations. At constant exchange rates fluctuations of resistance remains to be seen. Thus, investments in virtual currency is now more speculation than the daily money market.

As a result of the industrial revolution, this digital currency – neodymium & # 39; emnaya part of technological failures. From the perspective of the casual observer, this rise may seem exciting, menacing and mysterious at once. While some economists remain skeptical, others perceive it as a revolution Malanya monetary industry. Conservative digital coins are going to displace approximately a quarter of the national currencies of the developed countries by 2030. It has already created a new asset class alongside the traditional global economy, and a new set of investment funds kryptafinansavanne will receive in the coming years. Recently, the Bitcoin, perhaps, took a point to pay attention to other cryptocurrency. But it does not signal the collapse of the most cryptocurrency. While some financial advisors have focused on governments & # 39; Role in the destruction of the underground world for controlling the central control mechanism, the other for pushing the current free flow. Cryptocurrency more popular, the more careful and control they attract – the usual paradox that prevents the digital note and blurs the main purpose of its existence. In any case, the lack of intermediaries and controls make it extremely attractive to investors and make daily business changes drastically change. Even the International Monetary Fund (IMF) fears that cryptocurrency oust central banks and international banking in the near future. After 2030, a regular commerce will dominate the supply chain of the crypt, which will offer less friction and more economic value between technologically nimble buyers and sellers.

If cryptocurrency aims to become an important part of the existing financial system, it will have to meet the very different financial, regulatory, and social criteria. It should be protected from hackers, friendly to consumers and to fully ensure its primary benefit basic monetary system. He must remain anonymous user, without being a channel for money laundering, tax evasion and fraud on the Internet. Since this is compulsory reserves to the digital system, it will take several more years to see if cryptocurrency fully compete with the real-world currency can. Although this may happen cryptocurrency success (or lack thereof) for the solution of problems to determine the success of the monetary system in the coming days.