Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)

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Analysis on the Management Mode of Virtual Currency under Complex Background

----Take Ethereum and Bitcoin as Examples

Authors
Ziyi Wang1, *
1Business School, University of Glasgow, Glasgow, G12 8QQ, UK
*Corresponding author. Email: ziyiw321@163.com
Corresponding Author
Ziyi Wang
Available Online 21 June 2024.
DOI
10.2991/978-94-6463-441-9_78How to use a DOI?
Keywords
Cryptocurrency; Decentralization; Management mode; Ethereum; Bitcoin
Abstract

The functions and models of virtual currency have evolved to meet the needs of users and consumers as Internet technology has advanced and political and economic structures in various nations have undergone ongoing change. Among them, Bitcoin and Ethereum are of considerable study importance because they have the biggest market values of any virtual currencies. This paper focuses on the management of virtual currency in the context of the current complex business environment. It uses the PESTEL model to analyze the main business environment faced by virtual currency and the distinctions between the two in use functions, and it uses the decentralized management theory to compare the efficiency of the management mode. The final result shows that compared with Bitcoin, the management mode of Ether has a higher decentralization attribute, conforms to the requirements of the development of Web 3.0, and the management effect is also more effective.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
978-94-6463-441-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_78How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ziyi Wang
PY  - 2024
DA  - 2024/06/21
TI  - Analysis on the Management Mode of Virtual Currency under Complex Background
BT  - Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 926
EP  - 942
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_78
DO  - 10.2991/978-94-6463-441-9_78
ID  - Wang2024
ER  -