The consequences of digital revolution in monetary realm
The consequences of digital revolution in monetary realm is a scholarly work, published in 2018 in ''Anali Ekonomskog fakulteta u Subotici''. The main subjects of the publication include monetary economics, virtual currency, legal tender, digital currency, state, economics, realm, digitization, monetary system, currency, commerce, fiat money, circulation, and blockchain. The paper deals with the repercussions of new technologies on the monetary system, compares the characteristics of official and digital currency, explains the blockchain technology that lies at the heart of all digital currencies and shows its potential applications in other areas.