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Financial Solutions Globtech – Fintech

Author

Listed:
  • REALI, Enzo

    (European Union Experts)

  • NEDELCHEV, Georgi

    (Institute for Bulgarian Direct Democracy, International Movement for Money Reform, Sofia, Bulgaria)

Abstract

The economic paradigm, based on the so-called startup system,that supports these mega-platforms, however, has failed. The start-up successful initiative are very few and are driven to ambiguous venture capital companies ending into join the commonly known Facebook and Google. One alternative to the said system is to generate DECENTRALISED economies. The network economy must be managed openly by a 'third entity' - which we can call it 'microeconomics', 'crowd funding', 'commons economy', 'decentralized P2P network', 'public infrastructure‘. It is therefore a question of creating free networks 'free platform societies', with economic architecture based on cooperation between people.

Suggested Citation

  • REALI, Enzo & NEDELCHEV, Georgi, 2017. "Financial Solutions Globtech – Fintech," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 4(1), pages 205-210.
    • Handle: RePEc:vls:rojfme:v:4:y:2017:i:1:p:205-210
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    More about this item

    Keywords

    crypto currencies; financial mechanism; Blockchain technology;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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