The Rise of Cryptocurrency: Impacts on Business Transactions and Financial Ecosystems

Abstract

Cryptocurrency has emerged as a transformative force in the financial sector, offering businesses and consumers a decentralized alternative to traditional currency systems. This paper explores the rise of cryptocurrency and its impacts on business transactions and global financial ecosystems. It examines the underlying technologies such as blockchain, the role of digital currencies in modern economies, and the ways in which businesses are incorporating cryptocurrency into their operations. Additionally, it discusses the regulatory challenges, security risks, and future implications of cryptocurrencies in the business world.