Subject: H Social Sciences (General)
Year: 2020
Type: Article
Type: PeerReviewed
Title: DIGITAL CURRENCIES AND THEIR INFLUENCE IN BUSINESS
Author: Tairi, Tahir
Author: Idrizi, Florim
Abstract: Money as an instrument for making payments, is indeed a very important tool. Without it, it would be impossible the exchange of goods and services within the economy. As time moves on, money has gone through different stages of development, even transforming the traditional system of payments into a contemporary system of payments where the main item is digital money in all kinds of forms and by-products. Hence this includes digital currencies. Although for the time being digital currencies do not have the power of replacing the common currency, they can therefore influence on changing the way of doing business and the functioning of society, mostly by easing the realizations of various transactions, accompanied by a series of inevitable risks in functioning business operations. The field of digital currencies is a new one and it influences on payment system, therefore it acquires detailed analysis of their full potential, esepcially the one in the function of business and its development by conclusions and recommandations in eleminating the risks that atytributes to digital currencies.Therefore, we need to identify all key factors that might be decisive for individuals or particular businesses to choose or not the use of digital currencies in making financial transactions, dealing with all positive and negative aspects that will be unwound in this work.
Publisher: University of Tetova
Relation: https://eprints.unite.edu.mk/679/
Identifier: oai:eprints.unite.edu.mk:679
Identifier: https://eprints.unite.edu.mk/679/1/23%20faqe%20241-252.pdfIdentifier: Tairi, Tahir and Idrizi, Florim (2020) DIGITAL CURRENCIES AND THEIR INFLUENCE IN BUSINESS. ECONOMIC VISION - International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 7 (13-14). pp. 241-252. ISSN 2545- 4544
