Digital Currencies and the Power Shift in the Economy

  • Asma SalmanEmail author
Conference paper
Part of the Advances in Science, Technology & Innovation book series (ASTI)


The emerging economies are no longer growing as rapidly as in the past. As the technological disruption accelerates, a fundamental change is underway. In an industrialized world where the market is as unpredictable as it gets; the right mix of technology could be a game changer for the financial institutions. It’s a power struggle of sorts. The regulatory bodies are struggling to deal with the dynamic shift in market structure due to the eruption of digital currencies. The impact of Ethereum is studied through an estimated model and a montecarlo simulation is applied on its existing dynamic structure. As the currencies are decentralized, the power centralizes and the opportunities that emerge are noteworthy. An impact of the financial technology on the new digitized economy is realized through a time series data and estimations are made for the future.


Fintech Ethereum Cryptocurrencies Montecarlo ADF 


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© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Department of Accounting, Finance and Economics, College of Business AdministrationAmerican University in the EmiratesDubaiUnited Arab Emirates

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