TY - JOUR AU - Parino, Francesco AU - Beiró, Mariano G. AU - Gauvin, Laetitia PY - 2018 DA - 2018/10/16 TI - Analysis of the Bitcoin blockchain: socio-economic factors behind the adoption JO - EPJ Data Science SP - 38 VL - 7 IS - 1 AB - As the first decentralized digital currency introduced in 2009 together with the blockchain, Bitcoin offers new opportunities both for developed and developing countries. Bitcoin peer-to-peer transactions are independent of the banking system, facilitating foreign exchanges with low transaction fees, such as remittances, and offering a high degree of anonymity. These opportunities together with other key factors led the Bitcoin to become extremely popular and caused its price to skyrocket during 2017 (Henry et al. in J Digit Bank 2(4):311–337, 2018). SN - 2193-1127 UR - https://doi.org/10.1140/epjds/s13688-018-0170-8 DO - 10.1140/epjds/s13688-018-0170-8 ID - Parino2018 ER -