The Ascent of the crypto economy

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<nonSort xml:space="preserve">The  </nonSort>
<title>Ascent of the crypto economy</title>
</titleInfo>
<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20220005654">
<namePart>Satkriti Menon, Sai </namePart>
<nameIdentifier>MAPA20220005654</nameIdentifier>
</name>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200022350">
<namePart>Statista</namePart>
<nameIdentifier>MAPA20200022350</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">deu</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">Hamburgo</placeTerm>
</place>
<publisher>Statista</publisher>
<dateIssued>2022</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>77 p</extent>
</physicalDescription>
<abstract displayLabel="Summary">Cryptocurrencies with their disruptive potential have gone mainstream -- The ascent of cryptocurrencies has been turbulent, accompanied by many advances and setbacks -- Cryptocurrencies from its infancy in 2009 have evolved into an entire ecosystem with several use cases --  The crypto segment reached an average market capitalization of US$2 trillion in 2021 with Bitcoin and Ethereum constituting more than half the entire sector -- Compared to other popular asset classes, cryptocurrencies are still small in terms of market capitalization -- The pandemic triggered a significant increase in revenues made in the crypto sector with growth of 481% from 2019 to 2020 -- In addition to adopting regular cryptocurrencies, some countries have taken the
initiative to create their own central bank digital currencies (CBDCs) -- Mainstream companies across multiple industries took interest and have a positive stance on cryptocurrencies -- Many startups and companies are entering the crypto sector to make money with all kinds of new solutions, resulting in the creation of a diverse ecosystem -- The Blockchain Hype Cycle shows crypto assets as most advanced whereas DeFi(Decentralized Finance) use cases and NFTs (Non fungible token) are still in a rather early stage of development -- NFTsare gaining significant traction among certain Asian countries such as Thailand, China, and Vietnam </abstract>
<note type="statement of responsibility">Sai Satkriti Menon... [et al.]</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200021223">
<topic>Criptomonedas</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600648">
<topic>Crecimiento económico</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20100062326">
<topic>Plataformas digitales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080618667">
<topic>Transacciones comerciales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20170006503">
<topic>Transformación digital</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20160009583">
<topic>Blockchain</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20150008961">
<topic>Startups</topic>
</subject>
<classification authority="">921.94</classification>
<relatedItem type="series">
<titleInfo>
<title>Digital Economy Compass 2022</title>
<partNumber>Chapter 1</partNumber>
</titleInfo>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">220315</recordCreationDate>
<recordChangeDate encoding="iso8601">20230321113713.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20220016278</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>