Abstract
Globalization and the changes that have affected the world economy conditioned the development of new models of thinking, investing, trading and payment methods in the world economy. End of XX and beginning of the XXI century was marked by rapid technological progress, which has not bypassed any economic sector, and all households have experienced the change. Cryptocurrencies represents a new model of trade and payments, but also a way for making some form of earnings. It is a form of property that is used as a digital asset exchange using cryptographic algorithms for "mining" new values, but also as a way of ensuring the security of transactions in a given syste. It's still early for assessments. The future might show what kind of impact would this kind of payment have, however, we believe that no cryptocurrencies will be recognized as a legitimate competitor in sovereign currencies.
Publisher
University of Belgrade, Technical Faculty in Bor
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