Virtual Currency Applicability
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Virtual Currency ApplicabilityExecutive overviewThis report will present an analysis of the concept of virtual and digital currency within the context of cybersecurity. In the first step, the characteristics of crypto-currencies will be provided in consideration of cloud computing and virtualization. The subsequent steps will highlight the virtual currency options and cyber technologies, as well as policy constraints. Some of the risks associated with the use of digital currency include hacking the manipulation of confidential information. Furthermore, the paper will discuss the policy issues that will arise regarding the use of cryptocurrencies such as Bitcoin and Litecoin. From step 5, the cross-cutting impacts of blockchain technology will be expounded to reveal an audit of the industry...
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