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Risks to the National Security Generated By the Widespread Use of Cryptocurrency Cover

Risks to the National Security Generated By the Widespread Use of Cryptocurrency

Open Access
|Dec 2021

Abstract

The pronounced multi-domain technologicalization specific to the last decades has had a significant impact on all areas of activity, including the financial one. The use of cyberspace to facilitate the actions undertaken in the monetary activity has generated the development of this field to the point where virtual currencies have been created and new technologies have been developed to support their use. Like any emerging domain, the cryptocurrency field and the related technology are in a relatively early stage and exclusively imply operating in cyberspace, thus generating security risks in the event of the involvement of malicious entities in illicit activities. In this context, it is worth analyzing how the improper use of the crypto domain can lead to various risks to national security.

DOI: https://doi.org/10.2478/bsaft-2021-0011 | Journal eISSN: 3100-5098 | Journal ISSN: 3100-508X
Language: English
Page range: 87 - 97
Published on: Dec 30, 2021
Published by: Nicolae Balcescu Land Forces Academy
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2021 George-Daniel Bobric, published by Nicolae Balcescu Land Forces Academy
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.