1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Payments Market Trends
Perspective: Bitcoin Primer, Part 1 -- The Bitcoin Ecosystem

Perspective: Bitcoin Primer, Part 1 -- The Bitcoin Ecosystem

  • March 2015
  • 16 pages
  • ID: 2760929

Summary

Table of Contents

This IDC Financial Insights Perspective is Part 1 in a six-report series on bitcoins and the use of digital currencies. Part 1 looks at the total ecosystem of a network-based electronic process that records and transfers value using technology that is usually referred to as a blockchain. The technology involves distributed legers, cryptology, and unique algorithms. The result is a secure core process that functions without central control. A common use of this technology is the support of digital currencies like bitcoin, which is currently the dominant virtual currency. Digital currencies and the associated technology are described in detail in this Perspective.

Blockchain has taken everything known about the Internet, security, and cryptography to build a value exchange and settlement system designed for the Internet. No party owns and controls the network, and access is available to everyone. This is a powerful concept -- one that can be applied to many other situations involving electronic transactions and record keeping. The end result is that the open source community is producing innovative technologies that have the potential to change how we think about the fundamentals of value exchange in an open market. In this Perspective, the terms virtual currency, digital currency, and cryptocurrency are used interchangeably with the name of the leading virtual currency bitcoin. All dollar amounts are U.S. dollars unless otherwise noted.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Payments Landscape in Brazil: Opportunities and Risks to 2022

Payments Landscape in Brazil: Opportunities and Risks to 2022

  • $ 2750
  • October 2018

Payments Landscape in Brazil: Opportunities and Risks to 2022SummaryGlobalData’s "Payments Landscape in Brazil: Opportunities and Risks to 2022", report provides detailed analysis of market trends in ...

Cryptocurrency Market: Global Forecast until 2024

Cryptocurrency Market: Global Forecast until 2024

  • $ 5649
  • October 2018

Cryptocurrency market to grow at CAGR of 6.18% from 2019 to 2024The cryptocurrency market is projected to reach USD 1.40 billion by 2024 from USD 1.03 billion by 2019, at a CAGR of 6.18% during the forecast ...

Crypto Asset Management Market: Global Forecast until 2023

Crypto Asset Management Market: Global Forecast until 2023

  • $ 5649
  • November 2018

The growth in cryptocurrency industry is the major growth driver for the global crypto asset management marketThe global crypto asset management market size is expected to grow from USD 94 million in 2018 ...


Download Unlimited Documents from Trusted Public Sources

Cryptocurrency Industry in the US

  • November 2018
    14 pages
  • Cryptocurrency  

  • United States  

View report >

Global Cryptocurrency Markets

  • November 2018
    39 pages
  • Cryptocurrency  

    Blockchain  

  • World  

    United States  

    European Union  

View report >

Global Cryptocurrency Industry - Forecast

  • November 2018
    37 pages
  • Cryptocurrency  

    Blockchain  

  • United States  

    World  

View report >

ref:plp2015

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on