The use of cryptocurrency in enterprises in Czech republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10241048" target="_blank" >RIV/61989100:27510/18:10241048 - isvavai.cz</a>

Výsledek na webu

<a href="https://imes.vse.cz/wp-content/uploads/2018/07/Conference_Proceedings_IMES_2018.pdf" target="_blank" >https://imes.vse.cz/wp-content/uploads/2018/07/Conference_Proceedings_IMES_2018.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.18267/pr.2018.dvo.2274.0" target="_blank" >10.18267/pr.2018.dvo.2274.0</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The use of cryptocurrency in enterprises in Czech republic

Popis výsledku v původním jazyce

Purpose: The aim of this paper is to show the potential use and possibilities of cryptocurrencies for enterprises. This includes the accounting and legal aspects of this new phenomenon. The application will focus on one of the ways to exploit cryptocurrencies, namely CFD contracts. Design/methodology/approach: The article describes the capabilities and tools for using cryptocurrency for entrepreners. Selected cryptocurrencies are subjected to statistical analyzes, and so analyze the daily values of the exchange rates from the time of the occurrence of the given cryptochange. Based on the data of selected cryptocurrencies, the possibilities of speculation with cryptocurrency for entrepreneurs are subsequently proposed in the article. Findings: Entrepreneurs can also use cryptocurrencies to pay for ordinary businesses in a number of ways without the use of above-standard computing. At the present time, the greater spread of cryptocurrencies payments defends them high volatile and relatively large charges. The cryptocurrencies can be use entrepreneurs for trading. Research/practical implications: In the Czech Republic there is a relevant legal regulation that allows transactions to be carried out in cryptocurrencies in accordance with Czech law, using appropriate electronic sales records. The issue contains many other topics for research. Originality/value: Cryptocurrencies are considered the biggest innovation in the financial markets over the last 20 years. The use of these entrepreneur&apos;s tools has been small for now, however they may still be a tool to develop enreprenur in the financial markets.

Název v anglickém jazyce

The use of cryptocurrency in enterprises in Czech republic

Popis výsledku anglicky

Purpose: The aim of this paper is to show the potential use and possibilities of cryptocurrencies for enterprises. This includes the accounting and legal aspects of this new phenomenon. The application will focus on one of the ways to exploit cryptocurrencies, namely CFD contracts. Design/methodology/approach: The article describes the capabilities and tools for using cryptocurrency for entrepreners. Selected cryptocurrencies are subjected to statistical analyzes, and so analyze the daily values of the exchange rates from the time of the occurrence of the given cryptochange. Based on the data of selected cryptocurrencies, the possibilities of speculation with cryptocurrency for entrepreneurs are subsequently proposed in the article. Findings: Entrepreneurs can also use cryptocurrencies to pay for ordinary businesses in a number of ways without the use of above-standard computing. At the present time, the greater spread of cryptocurrencies payments defends them high volatile and relatively large charges. The cryptocurrencies can be use entrepreneurs for trading. Research/practical implications: In the Czech Republic there is a relevant legal regulation that allows transactions to be carried out in cryptocurrencies in accordance with Czech law, using appropriate electronic sales records. The issue contains many other topics for research. Originality/value: Cryptocurrencies are considered the biggest innovation in the financial markets over the last 20 years. The use of these entrepreneur&apos;s tools has been small for now, however they may still be a tool to develop enreprenur in the financial markets.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Innovation Management, Entrepreneurship and Sustainability (IMES 2018) : proceedings of the 6th international conference : May 31 - June 1, 2018, Prague

ISBN

978-80-245-2274-6

ISSN

—

e-ISSN

—

Počet stran výsledku

12

Strana od-do

541-552

Název nakladatele

Vysoká škola ekonomická v Praze

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

31. 5. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000461375200045