Blockchain Papers

Brian Rincon

No abstract is available for this record.

Ulrich Bindseil

No abstract is available for this record.

Biagio Bossone

No abstract is available for this record.

Daniel Kaneda

No abstract is available for this record.

Pawel Lachowicz

No abstract is available for this record.

Trach Roksolana

The article considers the functional roles of cryptocurrencies in the digital economy, examines trends and prospects for their development.Approaches to the interpretation of the essence of the concept of "cryptocurrency" are revealed, the main types of the most popular cryptocurrencies today are considered, their general features are unified.

Chiara Oldani, Giovanni S. F. Bruno, Marcello Signorelli

No abstract is available for this record.

Bibo, Q.S.B.

No abstract is available for this record.

I Kadek Mentik Yusmantara, S. Si.

No abstract is available for this record.

Vedang Ratan Vatsa

No abstract is available for this record.

Sveinn Ólafsson

No abstract is available for this record.

Zhenxin Ren

No abstract is available for this record.

A. Das

No abstract is available for this record.

Shahzad Ahmad, Zeeshan Iqbal, Imad Yousif Ahmad

This study analyses the growing importance of cryptocurrencies in Baluchistan, Pakistan, using the Rabby Wallet and Dex Screener to identify suspicious transactions linked to the Baluchistan Youth Council (BYC) in 2023.Baluchistan, one of Pakistan's least digitally connected areas, has adopted Decentralized Finance (DeFi) techniques, likely due to financial exclusion, surveillance avoidance, and informal remittance networks.The mixed-methods study analyses secondary data, tracks blockchain transactions, and reviews policy.Digital finance has structural constraints due to broadband penetration differences (15% in Baluchistan vs. 58.4% overall).Local traders, activists, and remittance beneficiaries may selectively adopt Rabby Wallet, according to wallet-level examinations.Event-window examination of Dex Screener data shows anomalous trading volumes, especially in low-liquidity tokens, amid BYC rallies and political mobilizations.These inconsistencies undermine cryptocurrency's significance in socio-political movements and its absorption into Baluchistan's shadow financial environment.The paper interprets these data using financial repression, technological adoption, and conflict economics.It contends that crypto adoption in Baluchistan is low but strategic in political finance and informal cross-border trade.The paper suggests improving financial inclusion, regulating decentralized platforms, and training investigators.This study illuminates how digital finance affects political movements in fragile regions and the risks and potential of bitcoin adoption in Baluchistan.

Natkamon Tovanich, Stefania Marcassa, Stefan Kitzler, Christos Makridis · 5 authors

No abstract is available for this record.

Natkamon Tovanich, Myriam Kassoul, Simon Weidenholzer, Julien Prat

No abstract is available for this record.

Bruno Biais, Jean Rochet, Stéphane Villeneuve

No abstract is available for this record.

Olga N. Volkova

Cryptocurrencies are a type of financial instrument that has been widely used by financial market participants since the early 2010s. Despite their growing popularity, their status within financial systems across different countries remains a topic of ongoing discussion. There is still no consensus on how to best understand the economic nature of these digital assets. This paper uses discourse analysis and content analysis to explore the various interpretations of cryptocurrencies’ economic nature. The paper argues that the interpretation of cryptocurrency’s economic nature depends heavily on the perspective of the stakeholder and the intended purpose of using the term. It considers arguments both for and against treating cryptocurrencies as commodities, currencies (including electronic and private currencies), or properties (assets, such as financial assets). It concludes that traditional cryptocurrencies do not meet the criteria for being considered money, and only central bank-issued digital currencies can fulfill all the functions associated with money. Decentralized cryptocurrencies, such as Bitcoin, cannot be classified as securities because there are no companies or organizations that issue these assets and bear any obligations under them. Instead, these assets have the characteristics of commodities. Different types of cryptocurrencies can be treated as either commodities or securities for tax purposes, depending on the specific circumstances. At the same time, assets with unique characteristics and behavior in the financial market may be included in a separate category for accounting purposes, or if the state allows for the use of cryptocurrencies in transactions without restrictions, they can be considered equivalent to cash.

William C. Johnson

No abstract is available for this record.

Lee, Kristy Ho Yan

No abstract is available for this record.

Campbell R. Harvey, Kose John, Fahad Saleh

No abstract is available for this record.

Joaquín Pardo, María Teresa Espinosa-Jaramillo

No abstract is available for this record.

Qingsong Ruan, Guojun Wang, LI Yun-bo, Yilei Dong · 5 authors

No abstract is available for this record.

D. Khriashchova

Introduction. This article explores the emerging role and importance of decentralized finance (DeFi) within the global financial landscape. It analyzes how blockchain-based financial instruments are reshaping traditional financial services and creating new opportunities for inventors and users worldwide. Summary of the main results of the study. The study begins by examining the core principles of DeFi, including its decentralized nature, transparency, and programmability. It then delves into the various components of the DeFi ecosystem, such as decentralized exchanges, lending platforms, and yield farming protocols, explaining their functions and potential benefits. The author investigates the growth trajectory of DeFi is addressing inefficiencies in traditional finance, particularly in areas like cross-border transactions, access to credit, and financial inclusion for the unbanked population. Furthermore, the article also critically assesses the challenges facing DeFi, including regulatory uncertainties, smart contract vulnerabilities, and scalability issues. It explores potential solutions and ongoing developments aimed at overcoming these obstacles. This the research analyzes the impact of DeFi on established financial institutions and markets. It considers how traditional banks and investment firms are responding to the DeFi phenomenon, either by adapting their services or by integrating DeFi elements into their existing operations. The study concludes by projecting the future role of DeFi in the international financial market. It discusses potential scenarios for the coexistence or convergence of centralized and decentralized financial systems, and the implications for global economic stability and financial inclusion. Conclusion. This comprehensive analysis provides valuable insights into the transformative potential of decentralized finance and its growing significance within the broader context of the international financial market.