Cryptomarkets’ Phenomenon

A Conceptualization Approach

Bibliographic Data

ID23039798
AuthorsRanda Basheer (0000-0001-7728-971X, Syrian Virtual University, corresponding author)
EditorsZheng Yan (0009-0007-3850-6743)
Year2022
Volume2022
Pages1-11
Publication date2022-03-27
Open AccessYes
TypeARTICLE
VenueHuman Behavior and Emerging Technologies (JOURNAL)
Journal identifiersISSN: 2578-1863 • E-ISSN: 2578-1863
PublisherWiley (PUBLISHER • GB)
DOI10.1155/2022/6314913
OpenAlexW4220990489
LanguageEN
Citations received4
References cited27

In the last two decades, the Dark Web has become the perfect resort for various illicit activities. Cryptomarkets are widespread platforms in the cyberspace of the Dark Web where participants trade for illegal gaining. In this article, we present a conceptualization approach of cryptomarkets based on several recent studies on the phenomenon. We attempt to conceptualize cryptomarkets in technical and social aspects to introduce an understanding of their operating mechanisms and the robustness of their communities. We demonstrate the concept of the Satisfaction Factor that attracts individuals to cryptomarkets. Furthermore, we discuss the importance of forums to members of cryptomarkets as technical and social supportive platforms. The article also includes a comparison of cryptomarkets and conventional trading networks and discusses the efforts of law enforcement agencies and their effects in disrupting cryptomarkets. Moreover, we discuss the need for further researches.

Computer security · Conceptualization · Cyberspace · Data science · Deep Web · Enforcement · Epistemology · Internet privacy · Law enforcement · Phenomenon · Political science · Robustness (evolution) · The Internet · World Wide Web · Artificial Intelligence · Computer Science · Crime, Illicit Activities, and Governance · Cybercrime and Law Enforcement Studies · Law · Spam and Phishing Detection

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