LEADER 04659nam 22007575 450 001 9910370254803321 005 20251010082531.0 010 $a3-030-30738-7 024 7 $a10.1007/978-3-030-30738-7 035 $a(CKB)4940000000158714 035 $a(MiAaPQ)EBC6005446 035 $a(DE-He213)978-3-030-30738-7 035 $a(MiAaPQ)EBC29092750 035 $a(EXLCZ)994940000000158714 100 $a20200103d2019 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCryptofinance and Mechanisms of Exchange $eThe Making of Virtual Currency /$fedited by Stéphane Goutte, Khaled Guesmi, Samir Saadi 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2019. 215 $a1 online resource (x, 198 pages) 225 1 $aContributions to Management Science,$x2197-716X 300 $aIncludes index. 311 08$a3-030-30737-9 327 $aChapter 1 Cryptocurrencies as an Asset Class -- Chapter 2 Are virtual currencies virtuous? Ethical and Environmental Issues -- Chapter 3 Cryptocurrency Mining -- Chapter 4 Regulating Bitcoin: A Tax Case Study -- Chapter 5 Are Cryptocurrencies Truly Trustless? -- Chapter 6 Blockchain & Alternative Sources of Financing -- Chapter 7 Tokenomics -- Chapter 8 Crypto Tokens and Token Offerings: An Introduction -- Chapter 9 Initial Coin Offerings: What Do We Know and What are the Success Factors? -- Chapter 10 Initial Coin Offerings (ICOs): Risks, Regulation, and Accountability -- Chapter 11 Cryptocurrencies and Risk Mitigation. 330 $aThis book describes how the rapid advancement in encryption and network computing gave birth to new tools and products that have influenced the local and global economy alike. One recent and notable example is the emergence of virtual currencies (such as Bitcoin) also known as cryptocurrencies. Virtual currencies introduced a fundamental transformation that affected the way goods, services and assets are exchanged. As a result of its distributed ledgers based on blockchain, cryptocurrencies not only offer some unique advantages to the economy, investors, and consumers, but also pose considerable risks to users and challenges for regulators when fitting the new technology into the old legal framework. The core of this proposed book is to present and discuss the evidence on financial asset capabilities of virtual currencies. The contributors of this volume analyze several interesting and timely issues such as the particularities of virtual currencies and their statistical characteristics; the diversification benefits of virtual currencies; the behavior and dependence structure between virtual currencies and the financial markets; the economic implications of virtual currencies, their effects, their price risk, and contagion spillovers in a unified and comprehensive framework; the future of virtual currencies and their distributed ledgers technology. 410 0$aContributions to Management Science,$x2197-716X 606 $aFinancial risk management 606 $aBusiness enterprises$xFinance 606 $aMacroeconomics 606 $aFinancial services industry 606 $aSocial sciences$xMathematics 606 $aComputer networks 606 $aRisk Management 606 $aCorporate Finance 606 $aMacroeconomics and Monetary Economics 606 $aFinancial Services 606 $aMathematics in Business, Economics and Finance 606 $aComputer Communication Networks 615 0$aFinancial risk management. 615 0$aBusiness enterprises$xFinance. 615 0$aMacroeconomics. 615 0$aFinancial services industry. 615 0$aSocial sciences$xMathematics. 615 0$aComputer networks. 615 14$aRisk Management. 615 24$aCorporate Finance. 615 24$aMacroeconomics and Monetary Economics. 615 24$aFinancial Services. 615 24$aMathematics in Business, Economics and Finance. 615 24$aComputer Communication Networks. 676 $a343.032 676 $a332.4 702 $aGoutte$b Ste?phane$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aGuesmi$b Khaled$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aSaadi$b Samir$c(Associate professor and fellow in behavioral finance)$4edt$4http://id.loc.gov/vocabulary/relators/edt 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910370254803321 996 $aCryptofinance and Mechanisms of Exchange$92228273 997 $aUNINA