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Bitcoin and Blockchain Technology

In: Blockchain and Crypto Currency

Author

Listed:
  • Kazumasa Omote

    (University of Tsukuba)

  • Makoto Yano

    (Research Institute of Economy, Trade and Industry (RIETI))

Abstract

A ledgerLedger can be defined as a “book of permanent record.” With modern information technology, data have become economic resources if they are associated with exclusive owners and put into a ledgerLedger. It is shown in Chaps. 3 and 4 that IoTInternet of Things (IoT) data can be transformed into productive resources while Chaps. 5 and 6 show that transaction data can be turned into money-likeMoney bank deposit currenciesDeposit currency.

Suggested Citation

  • Kazumasa Omote & Makoto Yano, 2020. "Bitcoin and Blockchain Technology," Economics, Law, and Institutions in Asia Pacific, in: Makoto Yano & Chris Dai & Kenichi Masuda & Yoshio Kishimoto (ed.), Blockchain and Crypto Currency, chapter 0, pages 129-136, Springer.
    • Handle: RePEc:spr:eclchp:978-981-15-3376-1_8
    DOI: 10.1007/978-981-15-3376-1_8
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