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December 1, 2020· IOP Conference Series Materials Science and Engineering
conference-paper
Open access

Comparative study of selected cryptocurrency

Authors:Ognyan NakovD GotsevaYavor Tomov *

Abstract

Abstract In the last few years, blockchain technologies have gained immense popularity both among researchers and in socio-economic life. Companies from various fields of industry implement projects based on blockchain technology. Pandemics like Covid-19 put almost all industries to the test. The work of the transport industry during the crisis is directly related to the work of the financial and banking sector. The problems that transport companies would experience from blocking the banking system during a subsequent pandemic would be solved in an innovative way using different cryptocurrencies. This article aims to make a comparative analysis of some cryptocurrencies, as well as to comment on the problems associated with them. The analysis can be used to develop blockchain-based applications in the transport industry.

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