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It will be logistically and economically inappropriate to carry paper money or coins during space travel. The cost associated with such an undertaking is prohibitive and also illogical. We evaluate as to how value based transactions can be conducted in outer space. In this paper, the...
Persistent link: https://www.econbiz.de/10014123896
With a high surface radiation, very low and fluctuating temperature and a windy but thin atmosphere, Mars seems an inhospitable place. The dangers on the Martian surface entail that humans stay within indoors habitats on Mars. But it may be possible to build open air settlements on Mars where a...
Persistent link: https://www.econbiz.de/10014034412
Kibbutzims, as a social experiment, initially succeeded in achieving the goals for which they were envisaged. Over a period of time, due to changing circumstances, Kibbutzims have faced criticisms on their style of functioning and purpose of existence. Nevertheless, Kibbutzims have managed to...
Persistent link: https://www.econbiz.de/10014034472
One of the important features of Blockchain is that it allows the hosting and execution of contracts. Such a contract in the digital world is known as a Smart Contract. But the process and consequences of a contract vary radically from one format of Blockchain to another. One of the formats (and...
Persistent link: https://www.econbiz.de/10014034569
Quantum Mechanical principles have brought about a revolution in the way we perceive our world and use technology. One of the possible impacts and usage of Quantum mechanics is in the field of economics. Quantum mechanics can be applied to build a new class of Blockchain systems. This paper...
Persistent link: https://www.econbiz.de/10014349129