Digital trade coin: towards a more stable digital currency

We study the evolution of ideas related to creation of asset-backed currencies over the last 200 years and argue that recent developments related to distributed ledger technologies and blockchains give asset-backed currencies a new lease of life. We propose a practical mechanism combining novel tech...

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Bibliographic Details
Main Authors: Lipton, Alex, Hardjono, Thomas, Pentland, Alex
Format: Article
Language:English
Published: Royal Society Open Science 2021
Online Access:https://hdl.handle.net/1721.1/130255