Monetary System 2.0 : Hybrid credit notes, a novel inclusive digital monetary instrument for central banks, asset managers and emerging green value chains

Queisser de Stockalper, Derek (2017): Monetary System 2.0 : Hybrid credit notes, a novel inclusive digital monetary instrument for central banks, asset managers and emerging green value chains.

Abstract

Description of a post-modern implied monetary system – or Monetary System 2.0 - enabled in one embodiment by a Central Bank's permissioned distributed ledger technology (“DLTs”) architecture trading a novel digital hybrid credit note instrument or token. This novel monetary instrument could over time help rebalance some of our modern fiat currency system’s resource allocation imbalances leading to material economic, environmental, and social benefits for the agents of the system.

• Item Type: MPRA Paper
• Language: English
• Keywords: A Perspective on Distributed Ledger Technology / Blockchain / Smart Contracts / IOUs / Letter of Credit / Peer-to-Peer Platforms / Digital Contractual Envelopes / Crypto Currencies / Bitcoin / Ethereum / Ripple / LIBRA / Digital Currencies / Smart Contract / Hybrid Reciprocity / Hybrid Credit Note / eco note™ / Meta-transactional Platform / Decentralized Holding Authority / Central Trusting Authority / Central Political Authority / Hybrid Reciprocity / Value Chain / Central Banks / Asset Managers / Emerging Economies / Frontier Economies / Impact
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O35 - Social Innovation

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