• DOI:10.5937/ekonomika1903065j
• Corpus ID: 208267171

Comparative analysis of cryptocurrency wallets vs traditional wallets

@article{Jokic2019ComparativeAO,
  title={Comparative analysis of cryptocurrency wallets vs traditional wallets},
  author={Stevan Jokic and Aleksandar M. Cvetkovic and Sasa Adamovic and Nenad Risti{\'c} and Petar C. Spalevic},
  journal={Ekonomika},
  year={2019}
}

• S. Jokic, A. Cvetkovic, +2 authors P. Spalevic
• Published 2019
• Computer Science
• Ekonomika

In this paper, we deal with comparative analysis of cryptocurrency wallets and traditional wallets. In addition to security analysis, we will observe the most important elements that should ensure a high level of social acceptability. In that regard, we will make a brief overview of the existing mechanisms for disposing a funds expressed in traditional currencies as well as for crypto currencies. Under the traditional safe keeping mechanisms and the disposal of cash, we will consider systems based on payment cards, payment by cash and payments over the internet. The use of digital wallets is reflected in various characteristics. The convenience of using the ability to execute a mobile phone transaction in matter of seconds. Efficiency is reflected in the speed of transaction execution. This paper describes the current state of digital wallets on the market, the choices of a better solution for purchasing and using digital wallets, security of digital wallets and future trends in their development.