ISSN: 1648 - 4460

International Journal of Scholarly Papers

VU KHF

Transformations  in
Business & Economics

Transformations in
Business & Economics

  • © Vilnius University, 2002-2020
  • © Brno University of Technology, 2002-2020
  • © University of Latvia, 2002-2020
Article
CRYPTOCURRENCY AND NATIONAL SECURITY: PECULIARITIES OF INTERACTION
Tadas Limba, Kestutis Driaunys, Andrius Stankevicius, Antanas Andrulevicius

ABSTRACT. Social changes like globalisation, global economy, technological development, and Industry 4.0 presuppose a holistic approach to the issues of national security. There are numerous scientists and researchers who are investigating technologies that are going to change our industries. Cryptocurrency is a social-technological phenomenon, which determines many contradictory conclusions in the field of national security. First, the legal environment of this phenomenon is not regulated in many states; second, there are increasing trends in its turnover all over the world; third, it is identifiable as part of the critical infrastructure; fourth, cryptocurrency as a phenomenon causes problematic issues in the field of the national security. This study focuses on its main problematic aspects: how cryptocurrency and national security interact, what characteristics, peculiarities and trends of this interaction are .

KEYWORDS:  bitcoin, cryptocurrency, Industry 4.0, national security.

JEL classification:  O33.

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Scholarly papers Transformations in Business & Economics
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