Showing 31 - 40 of 45
A large amount of money is spent globally in the litigation process. A significant chunk of litigations can actually be prevented from even arising if the policies, contracts and laws can be fully objectivised. Presently, the interpretation of law, contracts, policies etc. lead to a lot of...
Persistent link: https://www.econbiz.de/10012966449
Blockchain Systems and Ubiquitous computing are changing the way we do business and lead our lives. One of the most important applications of Blockchain technology is in automation processes and Internet-of-Things (IoT). Machines have so far been limited in ability primarily because they have...
Persistent link: https://www.econbiz.de/10012966775
The world is rapidly moving onto a cashless economy. But our present economic system is highly centralised. It has a high transaction cost and is vulnerable to single-point failures (like hacking of the centralised servers). Moreover, a centralised digital economic system cannot ensure mixed...
Persistent link: https://www.econbiz.de/10012966784
The advent of Cryptocurrencies (like Bitcoins) is challenging traditional financial and governance institutions. It is expected that over a period of the next few years, cryptocurrencies may be the dominant mode of value exchange. In such a scenario, there will be a paradigm shift in the...
Persistent link: https://www.econbiz.de/10012966837
This paper proposes the introduction of a Global Sovereign Backed Crypto-currency called WorldMoney. WorldMoney will be an international reserve currency. We analyse the impact of WorldMoney on economies in a scenario where Sovereign Backed crypto-currencies will be the mainstream bills of...
Persistent link: https://www.econbiz.de/10012966859
The Deep Web consists of many shadowy players, some of which are downright illegal and anti-social. In this paper, we delve into how one can regulate the Deep Web through Crypto-currency Networks. The Paper begins by briefly explaining the concept of cryptocurrencies (also referred to as...
Persistent link: https://www.econbiz.de/10012966864
This paper proposes the introduction of a Sovereign Backed Cryptocurrency for Asia called CoinAsia. CoinAsia will be an Asian reserve currency. I analyse the impact of CoinAsia on Asian economies in a scenario where Sovereign Backed cryptocurrencies will be the mainstream bills of exchange....
Persistent link: https://www.econbiz.de/10012966867
The global population is expected to touch 9 billion by 2050. A significant proportion of that will be urban population; this will require a huge increase in agricultural productivity. At the same time, agricultural activity is highly energy and resource intensive. Therefore we need an...
Persistent link: https://www.econbiz.de/10012966887
NationCoins are cryptocurrencies backed by Sovereign Authority (Simply put, they are Government issued Bitcoin-like cryptocurrencies). In this paper, we explain the generation, security and distribution of NationCoins by a Sovereign Authority. We begin by explaining the concept of...
Persistent link: https://www.econbiz.de/10012966890
Crypto currencies like Bitcoin are gaining prominence as a medium of exchange. They have several benefits like very low transaction cost, fungibility etc. But Crypto currencies are also identified with their use in crimes, illegal activities and speculation. Part of the reason for their...
Persistent link: https://www.econbiz.de/10014129288