Analogies Between Internet and Blockchain, Hype Cycles, and Securities Trading Patterns
- DOI
- 10.2991/aebmr.k.201128.011How to use a DOI?
- Keywords
- Blockchain, Internet, Bitcoin, Hype-Cycles, Securities
- Abstract
In our daily lives, we are witnessing a similar impact between the Internet and Blockchains technologies, and we are assisting to a scenario of Blockchain greatly influencing the Financial System as the Internet did the Media Industry about 20 years ago. There are certainly many parallels, between the two. Like the internet, cryptocurrencies such as Bitcoin are driven by advances in core technologies, along with a new open architecture. Another remarkable analogy is represented by the similar Cycles in the development of those technologies, and those Cycles were also remarkably replicated in the stock market by the leading Internet stocks and the exchange rate between Bitcoin and the US Dollar.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Marco I. Bonelli PY - 2020 DA - 2020/11/30 TI - Analogies Between Internet and Blockchain, Hype Cycles, and Securities Trading Patterns BT - Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020) PB - Atlantis Press SP - 56 EP - 60 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201128.011 DO - 10.2991/aebmr.k.201128.011 ID - Bonelli2020 ER -