Current situation of Bitcoin management and use: perspectives from the world and recommendations for Vietnam

• Autorzy: Hang Bui Thi Thu , Huy Dinh Tran Ngoc , An Phan Thuy , Ngoc Nguyen Thi Bich , Duyen Huynh Thi My

Identyfikatory

DOI

10.2478/manment-2019-0054

• Języki publikacji: EN

Abstrakty

EN

The research aimed to evaluate suitability of Bitcoin and its platform in emerging markets such as Vietnam. We used qualitative analysis combined with data collection method published, statistics, analysis, synthesis, comparison, to generate qualitative comments and discussion; evaluate results, the article analyzed and evaluated the impacts of Bitcoin and virtual currency on society of Vietnam, both positive and negative sides. It was found that virtual currency not accepted in Vietnam as means of payment yet, while many nations in the world accept it. We need to complete the legal framework for virtual currencies in general, Bitcoin in particular. The State should continue to have policies to improve information technology infrastructure, build and improve the capacity of the contingent of financial experts, encryption, and security experts and give warning risks in virtual currency transactions. The scientific value of paper is using experiences from previous studies in other countries to generate recommendations for conditions of Bitcoin development in merging markets. Last but not least, the research was limited to the case of Vietnam; hence, we can expand research to other Asian countries or other emerging markets.

Słowa kluczowe

EN

Bitcoin; virtual currency; cryptocurrencies; Vietnam

PL

bitcoin; waluta wirtualna; kryptowaluty; Wietnam

• Wydawca: University of Zielona Góra, Faculty of Economics and Management
• Czasopismo: Management
• Rocznik: 2020
• Tom: Vol. 24, no. 2
• Strony: 209--235
• Opis fizyczny: Bibliogr. 30 poz., rys., tab., wykr.

Twórcy

autor

Hang Bui Thi Thu

• Banking University, Ho Chi Minh city, Vietnam
• Tay Nguyen University, Daklak, Vietnam

autor

Huy Dinh Tran Ngoc

• Banking University HCMC, Ho Chi Minh city Vietnam
• International University of Japan, Japan

autor

An Phan Thuy

• Tay Nguyen University, Daklak, Vietnam

autor

Ngoc Nguyen Thi Bich

• Tay Nguyen University, Daklak, Vietnam

autor

Duyen Huynh Thi My

• Tay Nguyen University, Daklak, Vietnam

Bibliografia

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