Development, purpose and main uses of cryptocurrencies.
This study focuses on cryptocurrencies. At the beginning it explains what cryptocurrency is, its main features and main areas of its significance for the economy. In this section it deals with the possibility of cryptocurrency one day replacing traditional money, trading opportunities cryptocurrenci...
| Published in: | SHS Web of Conferences Vol. 231; pp. 1 - 5 |
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| Main Authors: | , , , , |
| Format: | Article |
| Published: |
EDP Sciences
5/19/2026
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=194604100&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 194604100 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 24165182 FT5R jtl: SHS Web of Conferences issn: 24165182 maglogo: N pubinfo: dt: 5/19/2026 vid: 231 pid: 76090 pub: EDP Sciences artinfo: ui: 194604100 10.1051/shsconf/202623101001 ppf: 1 ppct: 4 formats: tig: atl: Development, purpose and main uses of cryptocurrencies. aug: au: Khattobov, Ubaydullo Alisherovna, Radjabova Sarvinoz Shuxratbekovna, Nabixanova Nigora Yaxshiboyevich, Olimjon Xamrayev Ugli, Akhmadkulov Dilshod Rakhmonali affil: University of Business and science, Uzbekistan, Tashkent, Uzbekistan Tashkent International University, Tashkent, Uzbekistan sug: keyword: Bitcoin Blockchain Cryptocurrency Ethereum Litecoin ab: This study focuses on cryptocurrencies. At the beginning it explains what cryptocurrency is, its main features and main areas of its significance for the economy. In this section it deals with the possibility of cryptocurrency one day replacing traditional money, trading opportunities cryptocurrencies offer, possibility to finance a business with digital coins and its availability to people without the access to banking services. A brief overview of cryptocurrency history and a definition of the technology of blockchain are also provided. The practical part of the thesis is analysing cryptocurrencies Bitcoin, Ethereum and Litecoin. Firstly, these are described in terms of their origin, emission, circulation, price development and process of mining. Secondly, the impact of selected factors on the price fluctuation of selected cryptocurrencies is evaluated using statistical methods and econometric models. The analysis showed the cryptocurrency prices are more dependent on the internal factors such as the transaction volume, transaction fee, total supply, demand and hashrate, than on the external factors such as interest rates, exchange rates, stock prices and the price of gold. pubtype: Conference Proceedings doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2026 holdings: @attributes: islocal: N |
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