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New application of blockchain: digital currency model design in the context of Winter Olympics [PDF]
With the further expansion of blockchain application ecology, various applications and infrastructure around digital currency are constantly enriched and improved, and the whole market is booming along the healthy track.
Feng Zihuan, Liang Xun
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Digital Money Options for the BRICS
The article is time relevant, since a number of countries, such as China and Russia, started pilot testing their digital currencies in 2020, due to the necessity of contactless means of payment during the coronavirus pandemic.
Mikhail Vyacheslavovich Zharikov
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Digital currencies in financial networks [PDF]
We introduce a central bank digital currency (CBDC) in the network of financial accounts. Simulating a shift of deposits by both households and non-financial corporations from the banking sector to the central bank, we model the different responses of the affected institutional sectors.
Olli Castrén +2 more
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Accounts receivable financing is one of the most prominent financing approaches in supply chain finance; nevertheless, in the actual financing process, financial institutions and SMEs have credit risk and information asymmetry risk, which leads to ...
Qinglei Zhang, Dihong Yang, Jiyun Qin
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Objective: to review a session of the “Digital Finance” permanent seminar at the Institute of Economics of the Russian Academy of Sciences which discussed the prerequisites and consequences of the issue, emission characteristics and circulation of the ...
S. A. Andryushin
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Background. Bitcoin protocol was released in 2009, which created a revolutionary virtual currency, the Bitcoin. Many cryptocurrencies have appeared in the last decade, and as a result nowadays approximately 4940 cryptocurrencies are registered, and new ones emerge almost every day.
Balázs Tachscherer, Andrea Benedek
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Analysis of Cryptocurrency and Its Combination with Quantitative Transactions [PDF]
In recent years, with the rapid development of science and technology today (especially blockchain techniques), a special currency cryptocurrency (also relatively known as digital currencies) was born in 2008 and has received a lot of attention.
Su Ziyue
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Designing a global digital currency [PDF]
The notion of a global currency is a debate set aside in the past decade as the abstraction saw little potential for realization in a world with heterogeneous governments unwilling to sacrifice seigniorage for optimal design. The technical capability of creating digital currencies, independent of governments, resurrects the discussion and begs the ...
Ronald J. Balvers, Bill McDonald
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GOOD, BAD AND DARK BITCOIN: A Systematic Literature Review
Crypto currency investments have been in demand since the popularity of bitcoin. Crypto currency (cryptocurrency) is a currency based on cryptography or digital currency.
Untung Rahardja +3 more
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Designing Central Bank Digital Currencies [PDF]
We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of their users. CBDC can be designed with attributes similar
Itai Agur +2 more
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