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2021 | OriginalPaper | Chapter

3. Crypto Assets (Cryptocurrencies) and Central Bank Digital Currencies

Author : Naoyuki Iwashita

Published in: The Economics of Fintech

Publisher: Springer Singapore

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Abstract

Bitcoins, which drew attention worldwide after their price soared in 2017, began to be seen as a high-risk investment after crashing in 2018.

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Footnotes
1
Nakamoto (2008).
 
2
Chaum (1982).
 
3
Okamoto and Ohta (1989).
 
4
Haber and Stornetta (1991).
 
5
Bayer et al. (1993).
 
6
Haber and Stornetta (1997).
 
7
Back (2002).
 
8
From “Initial Coin Offerings (ICOs)—User and business operator warning about the risks of ICOs,” posted on the FSA website dated October 27, 2017.
 
9
A digital currency, the abbreviation standing for “New Economy Movement.”
 
10
ISO code for NEM.
 
Literature
go back to reference Bayer D, Haber S, Stornetta WS (1993) Improving the efficiency and reliability of digital time-stamping Bayer D, Haber S, Stornetta WS (1993) Improving the efficiency and reliability of digital time-stamping
go back to reference Benedetti H, Kostovetsky L (2018) Digital Tulips? returns to investors in initial coin offerings Benedetti H, Kostovetsky L (2018) Digital Tulips? returns to investors in initial coin offerings
go back to reference Chaum D (1982) Blind signatures for untraceable payments. Advances in Cryptology Proceedings of Crypto. 82 Chaum D (1982) Blind signatures for untraceable payments. Advances in Cryptology Proceedings of Crypto. 82
go back to reference Haber S, Stornetta WS (1991) How to time-stamp a digital document. J Cryptol 3(2):99–111CrossRef Haber S, Stornetta WS (1991) How to time-stamp a digital document. J Cryptol 3(2):99–111CrossRef
go back to reference Haber S, Stornetta WS (1997) Secure names for bit-strings. In: Proceedings of the 4th ACM conference Haber S, Stornetta WS (1997) Secure names for bit-strings. In: Proceedings of the 4th ACM conference
go back to reference Okamoto T, Ohta K (1989) Divertible zero-knowledge interactive proofs and commutative random self-reducibility. Advances in Cryptology—EUROCRYPT’89, LNCS 434, pp 134–149. Springer-Verlag Okamoto T, Ohta K (1989) Divertible zero-knowledge interactive proofs and commutative random self-reducibility. Advances in Cryptology—EUROCRYPT’89, LNCS 434, pp 134–149. Springer-Verlag
Metadata
Title
Crypto Assets (Cryptocurrencies) and Central Bank Digital Currencies
Author
Naoyuki Iwashita
Copyright Year
2021
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-33-4913-1_3