The Future of Bitcoin as a Tool for Financial Development

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Al Hamdani Rafaa Ibrahim; Abdul Karim Mohammed Laila; Mohammed Jamal Hadash

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Journal Paper

Paper Information

Journal: Journal of Information Technology Management Year:2019 | Volume:11 | Issue:3 Page(s): 1-15

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Title

The Future of Bitcoin as a Tool for Financial Development

Author(s)

Al Hamdani Rafaa Ibrahim | Abdul Karim Mohammed Laila | Mohammed Jamal Hadash | Issue Writer Certificate

Keywords

Bitcoin

Digital Currencies

Block Chain

Cryptocurrency

Abstract

The purpose of research is focused on the insight into the future of Bitcoin on the financial situation, its implications and challenges. The problem of study is to investigate how to deal with a new type of Digital Currencies (such Bitcoin) that does not have a physical presence and there is no specific body to issue. Thus, this study aims to identify the nature of Bitcoin currency and what are the challenges associated with it as well as exchange rates with some currencies, as the research hypothesized the main hypothesis that Bitcoin will contribute to financial development in the future, the research also used the analytical rooted approach to present concepts and data, using financial technical analysis to display the results The research also came up with a number of conclusions and recommendations. The results of paper significantly contribute to the literature through providing evidence from financial data of Bitcoin.

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APA: Copy

Al Hamdani, Rafaa Ibrahim, Abdul Karim Mohammed, Laila, & Mohammed, Jamal Hadash. (2019). The Future of Bitcoin as a Tool for Financial Development. JOURNAL OF INFORMATION TECHNOLOGY MANAGEMENT, 11(3), 1-15. SID. https://sid.ir/paper/667530/en

Vancouver: Copy

Al Hamdani Rafaa Ibrahim, Abdul Karim Mohammed Laila, Mohammed Jamal Hadash. The Future of Bitcoin as a Tool for Financial Development. JOURNAL OF INFORMATION TECHNOLOGY MANAGEMENT[Internet]. 2019;11(3):1-15. Available from: https://sid.ir/paper/667530/en

IEEE: Copy

Rafaa Ibrahim Al Hamdani, Laila Abdul Karim Mohammed, and Jamal Hadash Mohammed, “The Future of Bitcoin as a Tool for Financial Development,” JOURNAL OF INFORMATION TECHNOLOGY MANAGEMENT, vol. 11, no. 3, pp. 1–15, 2019, [Online]. Available: https://sid.ir/paper/667530/en

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