Exploring bitcoin: Opportunities and threats of use in Oman

Tahani Al-Hatmi; Razan Al-Rawas; Marwa Al-Noufali; Hajer Al-Buloshi; Yousuf Al-Hinai

Exploring bitcoin: Opportunities and threats of use in Oman

Tahani Al-Hatmi, Razan Al-Rawas, Marwa Al-Noufali, Hajer Al-Buloshi, Yousuf Al-Hinai

STUDENT AFFAIRS ADMINISTRATION

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

Bitcoin is a cryptocurrency which operates without any central bank. The main feature is the simplicity of exchange and transfer of money, and all transactions are done automatically. Bitcoin is also open-source, so that no one possesses or controls it and everybody can use it. The main objective of this paper is to understand the opportunity for and threats to Bitcoin in Oman. The research uses two methodologies: primary research interviews with experts and secondary research which consists of existing research papers and research subjects or experiments. The study has found that Bitcoin has an extremely secure database, that there are no international regulations or laws forbidding Bitcoin, that individuals benefit from it more than governments and that the use of Bitcoin in Oman is very low.

Original language	English
Title of host publication	Proceedings of the 11th IADIS International Conference Information Systems 2018, IS 2018
Editors	Pedro Isaias, Miguel Baptista Nunes, Philip Powell, Luis Rodrigues
Publisher	IADIS
Pages	271-276
Number of pages	6
ISBN (Print)	9789898533746
Publication status	Published - Jan 1 2018
Event	11th IADIS International Conference Information Systems 2018, IS 2018 - Lisbon, Portugal Duration: Apr 14 2018 → Apr 16 2018

Other

Other	11th IADIS International Conference Information Systems 2018, IS 2018
Country	Portugal
City	Lisbon
Period	4/14/18 → 4/16/18

Fingerprint

Keywords

Bitcoin
Blockchain
Cryptocurrency
E-payment
Investment
Oman
Regulations
Security

ASJC Scopus subject areas

Hardware and Architecture
Software
Computer Science Applications
Information Systems

Cite this

Al-Hatmi, T., Al-Rawas, R., Al-Noufali, M., Al-Buloshi, H., & Al-Hinai, Y. (2018). Exploring bitcoin: Opportunities and threats of use in Oman. In P. Isaias, M. B. Nunes, P. Powell, & L. Rodrigues (Eds.), Proceedings of the 11th IADIS International Conference Information Systems 2018, IS 2018 (pp. 271-276). IADIS.

Exploring bitcoin : Opportunities and threats of use in Oman. / Al-Hatmi, Tahani; Al-Rawas, Razan; Al-Noufali, Marwa; Al-Buloshi, Hajer; Al-Hinai, Yousuf.

Proceedings of the 11th IADIS International Conference Information Systems 2018, IS 2018. ed. / Pedro Isaias; Miguel Baptista Nunes; Philip Powell; Luis Rodrigues. IADIS, 2018. p. 271-276.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Al-Hatmi, T, Al-Rawas, R, Al-Noufali, M, Al-Buloshi, H & Al-Hinai, Y 2018, Exploring bitcoin: Opportunities and threats of use in Oman. in P Isaias, MB Nunes, P Powell & L Rodrigues (eds), Proceedings of the 11th IADIS International Conference Information Systems 2018, IS 2018. IADIS, pp. 271-276, 11th IADIS International Conference Information Systems 2018, IS 2018, Lisbon, Portugal, 4/14/18.

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Exploring bitcoin: Opportunities and threats of use in Oman

Abstract

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Keywords

ASJC Scopus subject areas

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