Analytical study of digital currency based transactions from the perspective of Imami jurisprudence and the role of blockchain in various industries

The ecosystem blockchain is self-regulatory, the birthplace of a concept such as digital currency. Blockchain is an initiative that was unveiled in 1991 by Stuart Haber and Scott Storrenta. Digital currency is a nascent and emerging concept in the world of technical and legal literature, and it is certain that any emerging concept needs to be explained and then legislated. Because following its emergence, many legal jurisprudential challenges arise.

This research is of theoretical type and the research method is descriptive-analytical and the method of data collection is library and has been done by referring to documents, books and articles.

Ethical Considerations:

 In order to organize this research, while observing the authenticity of the texts, honesty and fidelity have been observed.

The most important issue with digital currencies is its volatility. Although people knowingly deal with instability, it can be considered an irrational risk. The uncontrolled inflow of virtual money without considering the monitoring and supervision of the government is likely to cause the violation of the rights of individuals in society.

Given the issues presented, digital currencies can be considered as money without backing and if they are known as money or means of exchange, they will be considered as property and assets for individuals. He also prescribed the use of this type of asset in the current society due to the old and inefficient economic laws.