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- Title
Innovations in payment technologies and the emergence of digital currencies.
- Authors
Ali, Robleh; Barrdear, John; Clews, Roger; Southgate, James
- Abstract
The article discusses the innovations in payments technology with the focus on the emergence of privately developed, internet-based digital currencies such as Bitcoin. Topics discussed include trade of digital currencies by users with each other in exchange for traditional currency or goods and services without any third party, advancement in disciplines such as cryptography, game theory and peer-to-peer networking and adds the economics of digital currencies.
- Subjects
TRANSFER payments; BITCOIN; ELECTRONIC money; HARD currencies; TECHNOLOGY; CRYPTOGRAPHY; GAME theory; PEER-to-peer architecture (Computer networks)
- Publication
Bank of England Quarterly Bulletin, 2014, Vol 54, Issue 3, p262
- ISSN
0005-5166
- Publication type
Article