Detailed Information
Cited 0 time in 
Cited 0 time in 
Cited 0 time in
Metadata Downloads
분산원장기술과 암호화폐시장 잠재력지수Distributed Ledger Technology and Cryptocurrency Market Potential Index
- Other Titles
- Distributed Ledger Technology and Cryptocurrency Market Potential Index
- Authors
- Kevin Nguyen; 오정훈
- Issue Date
- 2020
- Keywords
- cryptocurrency; distributed ledger technology; blockchain; index; factor analysis; 암호화폐; 분산원장기술; 블록체인; 지수; 요인분석
- Citation
- 정보화정책, v.27, no.2, pp.20 - 39
- Indexed
- KCI
- Journal Title
- 정보화정책
- Volume
- 27
- Number
- 2
- Start Page
- 20
- End Page
- 39
- ISSN
- 1598-3498
- Abstract
- This paper introduces the Cryptocurrency Market Potential Index (CMPI) in order to measure the potential of the blockchain-backed cryptocurrency. Adopting the Distributed Ledger Technology (DLT) system as a conceptual framework, the whole process from development to implementation and adoption of blockchain-backed cryptocurrency are examined. This paper selects 30 variables and employs factor analysis for multivariate analysis to produce the CMPI for a total of 213 countries. The results show that although cryptocurrency is decentralized, its development and usage might still be very centralized in Europe, North America, hotspots in the Asia-Pacific, Middle East, and CIS regions. This result also highlights how important development and implementation are before adoption so that consequent financial transactions can take place.
- Files in This Item
- There are no files associated with this item.
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.