FIELDS OF POTENTIAL USE OF CRYPTOCURRENCIES IN THE PAYMENT SERVICES MARKET IN POLAND – RESULTS OF AN EMPIRICAL STUDY
Journal Title: Copernican Journal of Finance & Accounting - Year 2016, Vol 5, Issue 2
Abstract
The payment services market in Poland is particularly open to new payment solutions. The most important financial innovations of the recent years include cryptocurrencies. Bitcoin is the most well-known of them and its applications cover payments and investments. The article aims to determine the potential for using cryptocurrencies in individual segments of the payment services market in Poland. The paper considers the following research hypothesis: Representatives of the financial sector see a potential for a widespread use of cryptocurrencies in the payment services sector in Poland. The aim of the paper was achieved and the hypothesis verified on the basis of selected results of a survey among representatives of institutions operating in the financial market in Poland. The study, primarily carried out by the author, presents the opinions of experts representing the broadly understood community of professionals from the payment services market in Poland. Their views concern the directions in which innovations in the payment services sector may develop and the prospects for the use of cryptocurrencies in that area.
Authors and Affiliations
Anna Iwona Piotrowska
Keywords
Related Articles
- EP ID EP192442
- DOI 10.12775/CJFA.2016.023
- Views 84
- Downloads 0
Wybrane aspekty oceny wiarygodności kredytowej państw
Celem niniejszego artykułu jest prezentacja i analiza głównych metod oceny zdolności kredytowej jako elementów due diligence państw, w świetle cech wyróżniających państwa jako pożyczkobiorców i związanych z tym ryzyk. Wi...
Techniki prowadzenia ksiąg rachunkowych w ujęciu historycznym
Badacze historii rachunkowości są zgodni co do tego, że system rachunkowości podwójnej nie jest wynalazkiem jednego człowieka czy też dziełem przypadku. Prawdopodobnie jest on wynikiem prób i doświadczeń podejmowanych pr...
THE ROLE OF THE AMOUNT OF MONEY IN RISK-TAKING
Decisions based on the expected value have two components: the probability and the value or utility that is often expressed in money. Regarding the first element, it can be pointed out that many decisions contain risk co...
A Solution To Eradicate Jobless Growth: Meritocracy
World economy showed an important development after 9/11. With the transition of neoliberal economy programs, employment around the world had increased until 2008 global financial crisis. Because of the devastation effec...
THE LEVEL OF SHADOW ECONOMY IN WARMIŃSKO-MAZURSKI AND KUJAWSKO-POMORSKI REGIONS
This paper offers the appraisal of the shadow economy in two regions in Poland: Kujawsko-Pomorskie and Warmińsko-Mazurskie. The MIMIC approach was applied. In the begging of analyzed period the higher level of shadow eco...