An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach

The study aimed at showing how to create and release cryptocurrency, based on which one can introduce a new generation of this money that can continue its life in the quantum computers space and study whether cryptocurrency could be controlled or the rules should be rewritten in line with new techno...

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Main Authors: Abbas Noroozi, Ahmad Jafari Samimi, Mohammad Taghi Gilak Hakim Abadi
Format: Article
Language:English
Published: University of Sistan and Baluchestan 2019-07-01
Series:International Journal of Business and Development Studies
Subjects:
Online Access:https://ijbds.usb.ac.ir/article_4837_0a99a19ccd10b8e3acd22afe6ad12144.pdf
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author Abbas Noroozi
Ahmad Jafari Samimi
Mohammad Taghi Gilak Hakim Abadi
author_facet Abbas Noroozi
Ahmad Jafari Samimi
Mohammad Taghi Gilak Hakim Abadi
author_sort Abbas Noroozi
collection DOAJ
description The study aimed at showing how to create and release cryptocurrency, based on which one can introduce a new generation of this money that can continue its life in the quantum computers space and study whether cryptocurrency could be controlled or the rules should be rewritten in line with new technology. Regarding this, we showed the evolution of money and its uses in economic relations. According to the theoretical basics, the concepts, principles and rules of quantum theory in the physics economics were distributed and the use of modern money by simplified electrodynamic patterns of Richard Feynman was shown. The result showed that the subject could be tested through the physics if the system is closed, and due to the limited nature of the creation of cryptocurrencies like bitcoin, with such conditions, this currency can supply the borderless economics with a new approach with infinite probabilities in the quantum paradigm. Furthermore, given the structure of cryptocurrencies, one cannot control them completely controlled and it is better to rewrite the rules for the creation, release and uses of cryptocurrencies
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spelling doaj.art-bb67666a762243a6b11682c4a94132672023-06-15T16:56:12ZengUniversity of Sistan and BaluchestanInternational Journal of Business and Development Studies2538-33022538-33102019-07-01111435810.22111/ijbds.2019.48374837An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics ApproachAbbas NorooziAhmad Jafari SamimiMohammad Taghi Gilak Hakim AbadiThe study aimed at showing how to create and release cryptocurrency, based on which one can introduce a new generation of this money that can continue its life in the quantum computers space and study whether cryptocurrency could be controlled or the rules should be rewritten in line with new technology. Regarding this, we showed the evolution of money and its uses in economic relations. According to the theoretical basics, the concepts, principles and rules of quantum theory in the physics economics were distributed and the use of modern money by simplified electrodynamic patterns of Richard Feynman was shown. The result showed that the subject could be tested through the physics if the system is closed, and due to the limited nature of the creation of cryptocurrencies like bitcoin, with such conditions, this currency can supply the borderless economics with a new approach with infinite probabilities in the quantum paradigm. Furthermore, given the structure of cryptocurrencies, one cannot control them completely controlled and it is better to rewrite the rules for the creation, release and uses of cryptocurrencieshttps://ijbds.usb.ac.ir/article_4837_0a99a19ccd10b8e3acd22afe6ad12144.pdfbitcoindecentralized moneyquantum moneyweightless economycryptocurrency
spellingShingle Abbas Noroozi
Ahmad Jafari Samimi
Mohammad Taghi Gilak Hakim Abadi
An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
International Journal of Business and Development Studies
bitcoin
decentralized money
quantum money
weightless economy
cryptocurrency
title An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
title_full An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
title_fullStr An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
title_full_unstemmed An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
title_short An Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
title_sort analysis of circulation of decentralized digital money in quantum electrodynamics space the econphysics approach
topic bitcoin
decentralized money
quantum money
weightless economy
cryptocurrency
url https://ijbds.usb.ac.ir/article_4837_0a99a19ccd10b8e3acd22afe6ad12144.pdf
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