Akademik Veri Yönetim Sistemi
Review of International Comparative Management, cilt.24, sa.5, ss.696-716, 2023 (Hakemli Dergi)
Technological advancements have significantly shaped global society, leading
to widespread reliance on technology across various domains. This pervasive influence
is particularly evident in the daily lives of individuals, who heavily depend on the digital
world and internet connectivity. Crucial sectors such as finance, trade, and the creative
industry have embraced the digital realm, with the emergence of Non-Fungible Tokens
(NFTs) representing a novel approach for creators to acquire recognition and value for
their work. However, this technological progress has also presented opportunities for
criminal exploitation, as illicit activities such as money laundering and terrorism funding
have transitioned to the digital landscape. This study employs a secondary research
methodology to investigate the vulnerabilities associated with the use of NFTs as a
medium for money laundering and terrorism funding. The study aims to highlight the
potential implications for national economic resilience if these issues are not adequately
addressed and securitized. By combining the constructivism theory with the concept of
securitization, this work explores how the adoption of NFTs can pose a national concern,
affecting both economic stability and security.
Furthermore, the research reveals that the anonymity feature inherent in NFT
transactions facilitates easier execution of money laundering and terrorism funding
activities, thereby posing risks to a country's national security and economic resilience.