Published in Journal of Industrial Engineering and Robotics, Volume 7, Number 1
Written by BĂZĂVAN Maria-Alexandra, DOICIN Cristian-Vasile
Scientific coordinators:

Virtual currencies, also known as cryptocurrencies, are digital assets used as a means of exchange and storage of value that use cryptography to secure transactions and control the creation of new units. These currencies are created and transferred through a decentralised network, without being controlled by a central authority or bank. This distinguishes them from traditional currencies, which are issued by central banks and controlled by governments or other authorities. One of the key features of virtual currencies is that transactions are recorded on a public ledger, known as the blockchain. This makes transactions transparent and verifiable, but also impossible to forge or alter after registration.

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