Bitcoin is one of the most popular cryptocurrencies worldwide. Javier Pastor Moreno, participates in the Digital Transformation Module of C1B3RWall Academy 2021, with as part of which he is going to deliver a keynote lecture under the title “Bitcoin: a new monetary and financial system emerging from the Internet”.

Javier has a degree in Marketing and Business Management. He joined the Bit2me project in 2018, amid the expansion of the cryptocurrency and bitcoin sector, to raise awareness and disseminate this technology, as well as facilitate its adoption. Since then, he has been leading the commercial and training department. His lecture will set current Bitcoin events in context and he will discuss their socio-economic implications as well as describe the global regulatory framework.

Impact of cryptocurrencies on the economy

Cryptocurrencies have managed to form a decentralized system that does not depend on a third-party entity (such as a central bank or a government) to be able to store and stockpile money, as well as transfer it to any part of the world through the internet and operate autonomously. Today there are more than 10,000 cryptocurrencies, and all have different characteristics, although bitcoin as of today has approximately 40% of the total cryptocurrency market capitalization.

In 2014, the Court of Justice of the European Union qualified Bitcoin as a means of payment, but in 2015 it rectified and considered it a means of exchange. Thus, as of today, in Spain it is considered a means of exchange and not a means of payment, so unlike euros, it is not considered a legal tender. Bitcoin, despite suffering numerous attacks, has never been hacked, since it is a distributed network that is updated every 10 minutes.

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If you would like to learn about this topic and other issues related to cryptocurrencies, Bitcoin, its storage and security, don’t miss the opportunity to enrol in C1b3rWall Academy 2021 for free.

Posted by Juan M. Corchado

Juan Manuel Corchado (15 de Mayo de 1971, Salamanca, España) Catedrático en la Universidad de Salamanca. Ha sido Vicerrector de Investigación desde el 2013 hasta el 2017 y Director del Parque Científico de la Universidad de Salamanca. Elegido dos veces como Decano de la Facultad de Ciencias, es Doctor en Ciencias de la Computación por la Universidad de Salamanca y, además, es Doctor en Inteligencia Artificial por la University of the West of Scotland. Dirige el Grupo de Investigación Reconocido BISITE (Bioinformática, Sistemas Inteligentes y Tecnología Educativa), creado en el año 2000. Director del IOT Digital Innovation Hub y presidente del AIR Institute, J. M. Corchado también es Profesor Visitante en el Instituto Tecnológico de Osaka desde enero de 2015, Profesor visitante en la Universiti Malaysia Kelantan y Miembro del Advisory Group on Online Terrorist Propaganda of the European Counter Terrorism Centre (EUROPOL). J. M. Corchado ha sido presidente de la asociación IEEE Systems, Man and Cybernetics, y coordinador académico del Instituto Universitario de Investigación en Arte y Tecnología de la Animación de la Universidad de Salamanca e investigador en las Universidades de Paisley (UK), Vigo (Spain) y en el Plymouth Marine Laboratory (UK). En la actualidad compagina toda su actividad con la dirección de los programas de Máster en Seguridad, Animación Digital, Telefonía Movil, Dirección de Sistemas de Información, Internet de las Cosas, Social Media, Diseño e Impresión 3D, Blockchain, Z System, Industria 4.0, Gestión de Proyectos Ágiles y Smart Cities & Intelligent Buildings​, en la Universidad de Salamanca y su trabajo como editor jefe de las revistas ADCAIJ (Advances in Distributed Computing and Artificial Intelligence Journal), OJCST (Oriental Journal of Computer Science and Technology) o Electronics MDPI (Computer Science & Engineering section). J. M. Corchado desarrolla principalmente trabajos en proyectos relacionados con Inteligencia Artificial, Machine Learning, Blockchain, IoT, Fog Computing, Edge Computing, Smart Cities, Smart Grids y Análisis de sentimiento.