IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-03659241.html
   My bibliography  Save this paper

La Blockchain, avenir des monnaies locales ?

Author

Listed:
  • Ariane Tichit

    (CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne)

  • Corentin Elissée

    (CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne)

  • Frédéric Hayek

    (LIMOS - Laboratoire d'Informatique, de Modélisation et d'Optimisation des Systèmes - ENSM ST-ETIENNE - Ecole Nationale Supérieure des Mines de St Etienne - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne - INP Clermont Auvergne - Institut national polytechnique Clermont Auvergne - UCA - Université Clermont Auvergne)

  • Pascal Lafourcade

    (LIMOS - Laboratoire d'Informatique, de Modélisation et d'Optimisation des Systèmes - ENSM ST-ETIENNE - Ecole Nationale Supérieure des Mines de St Etienne - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne - INP Clermont Auvergne - Institut national polytechnique Clermont Auvergne - UCA - Université Clermont Auvergne)

Abstract

The process of dematerialization of local currencies and the rapid diffusion of the blockchain have generated a question: its application to local currencies. This article contributes to this reflexion. After having clarified what a blockchain really is, the advantages of its use and the illustration from concrete examples of its implementation, this research concludes that the adoption of such a technology would allow local currencies to gain security, confidence and options for the evolution of the project, even if its concrete implementation poses technical challenges.

Suggested Citation

  • Ariane Tichit & Corentin Elissée & Frédéric Hayek & Pascal Lafourcade, 2022. "La Blockchain, avenir des monnaies locales ?," Working Papers hal-03659241, HAL.
  • Handle: RePEc:hal:wpaper:hal-03659241
    Note: View the original document on HAL open archive server: https://hal.science/hal-03659241
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03659241/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ariane Tichit & Pascal Lafourcade & Vincent Mazenod, 2017. "Les monnaies virtuelles décentralisées sont-elles des dispositifs d’avenir ?," Post-Print halshs-01990363, HAL.
    2. Sothearath Seang & Dominique Torre, 2021. "Which Kind of Blockchain Application for Local Complementary Currencies?," Revue économique, Presses de Sciences-Po, vol. 72(4), pages 667-685.
    3. Odile Lakomski-Laguerre & Ludovic Desmedt, 2016. "Du Bitcoin au Faircoin et au-delà," Post-Print hal-03824816, HAL.
    4. Fabienne Pinos, 2020. "How could blockchain be a key resource in the value creation process of a local currency? A case study centered on Eusko," Post-Print hal-03121151, HAL.
    5. Marie Fare & Pepita Ould Ahmed, 2017. "Complementary currency systems and their ability to support economic and social changes," Post-Print halshs-01623361, HAL.
    6. Michel, Arnaud & Hudon, Marek, 2015. "Community currencies and sustainable development: A systematic review," Ecological Economics, Elsevier, vol. 116(C), pages 160-171.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Frédéric A Hayek & Pascal Lafourcade & Ariane Tichit, 2023. "Generic and Universal Local Cryptocurrency: LCoin," Post-Print hal-04176704, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ariane Tichit & Corentin Elissée & Frédéric Hayek & Pascal Lafourcade, 2022. "La Blockchain, avenir des monnaies locales ?," CERDI Working papers hal-03659241, HAL.
    2. Camille Meyer & Marek Hudon, 2019. "Money and the Commons: An Investigation of Complementary Currencies and Their Ethical Implications," Journal of Business Ethics, Springer, vol. 160(1), pages 277-292, November.
    3. Francisco Javier García-Corral & Jaime de Pablo-Valenciano & Juan Milán-García & José Antonio Cordero-García, 2020. "Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    4. Cristian Frasser & Lucie Lebeau, 2023. "Complementary Currencies and Liquidity: The Case of Coca-Base Money," Working Papers 2307, Federal Reserve Bank of Dallas.
    5. Louis Larue, 2022. "The case against alternative currencies," Politics, Philosophy & Economics, , vol. 21(1), pages 75-93, February.
    6. Louis Larue & Camille Meyer & Marek Hudon & Joakim Sandberg, 2022. "The Ethics of Alternative Currencies," ULB Institutional Repository 2013/341622, ULB -- Universite Libre de Bruxelles.
    7. Matti, Josh & Zhou, Yang, 2022. "Money is money: The economic impact of BerkShares," Ecological Economics, Elsevier, vol. 192(C).
    8. Tristan Dissaux, 2023. "Geographies of Monetary Exclusion in Kenyan Slums: Financial Inclusion in Question," Development and Change, International Institute of Social Studies, vol. 54(1), pages 87-116, January.
    9. Nina Stępnicka & Grzegorz Zimon & Dariusz Brzozowiec, 2021. "The Complementary Currency Zielony in Poland and Its Importance for the Development of Local Economy Entities during the COVID-19 Pandemic Lockdown," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    10. Hyndman, Kyle & Müller, Rudolf, 2020. "The role of incentives in dynamic favour exchange: An experimental investigation," Journal of Economic Behavior & Organization, Elsevier, vol. 172(C), pages 83-96.
    11. Frédéric A Hayek & Pascal Lafourcade & Ariane Tichit, 2023. "Generic and Universal Local Cryptocurrency: LCoin," Post-Print hal-04176704, HAL.
    12. Alexandra Lenis Escobar & Ramón Rueda López & Jorge E. García Guerrero & Enrique Salinas Cuadrado, 2020. "Design of Strategies for the Implementation and Management of a Complementary Monetary System Using the SWOT-AHP Methodology," Sustainability, MDPI, vol. 12(17), pages 1-23, August.
    13. Tom Henfrey & Giuseppe Feola & Gil Penha‐Lopes & Filka Sekulova & Ana Margarida Esteves, 2023. "Rethinking the sustainable development goals: Learning with and from community‐led initiatives," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 211-222, February.
    14. Paulo Reis Mourao & Wiliam Retamiro, 2021. "Community development banks (CDB): a bibliometric analysis of the first 2 decades of scientific production," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(1), pages 477-493, January.
    15. Larue, Louis, 2020. "The Ecology of Money: A Critical Assessment," Ecological Economics, Elsevier, vol. 178(C).
    16. Georgina M. Gómez, 2019. "Money as an Institution: Rule versus Evolved Practice? Analysis of Multiple Currencies in Argentina," JRFM, MDPI, vol. 12(2), pages 1-14, May.
    17. Roberto Leonardo Rana & Pasquale Giungato & Angela Tarabella & Caterina Tricase, 2019. "Blockchain Applications and Sustainability Issues," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(S13), pages 861-861, November.
    18. Oriane Lafuente-Sampietro, 2021. "The multiplier effect of convertible local currencies : case study on two French schemes," Working Papers halshs-03324625, HAL.
    19. Camille Meyer & Marek Hudon, 2017. "Alternative organizations in finance: commoning in complementary currencies," Working Papers CEB 17-015, ULB -- Universite Libre de Bruxelles.
    20. Sarah Zeller, 2020. "Economic Advantages of Community Currencies," JRFM, MDPI, vol. 13(11), pages 1-11, November.

    More about this item

    Keywords

    Blockchain; Crypto-currencies; Local currency; Convergence;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-03659241. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.