Abstract
Cryptocurrency, which is built using blockchain technology, is one of the newest methods of doing secure transactions without a central authority. Due to the unregulated means in which cryptocurrency is transferred, it becomes incredibly hard to ensure the fairness and legitimacy of the transactions. This is to further explore the history, process, problems, competition, advantages, and the current future of cryptocurrency. Finally, the team built its cryptocurrency and blockchain similar in functionality to Bitcoin, which is currently the most popular cryptocurrency by sheer market capitalization of over $898 Billion. This allows people to track the flow of cryptocurrency in all its flaws, and its potential succession of other currencies. This chapter explore different aspects of the cryptocurrency which is a vital aspect of futuristic cyber smart cities. This chapter will serve as a reference for cyber smart city developers and other relevant stakeholders in designing futuristic cities.
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Mineau, Z., Hoffman, D., Lor, J., Choudhury, N. (2023). Cryptocurrency: Is it the Future of Payments?. In: Ahmed, M., Haskell-Dowland, P. (eds) Cybersecurity for Smart Cities. Advanced Sciences and Technologies for Security Applications. Springer, Cham. https://doi.org/10.1007/978-3-031-24946-4_12
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