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Block chain Technology:Concept of Digital Economics

Author

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  • Ahmed, Ovais

Abstract

The purpose of the study is to explain about blockchain technology and how to use of blockchain technology for modern economics practices. We focused on this paper to put the light on blockchain usage in some other areas of economy such as, governance and political decision making, public finance, financial institution & stock market trading, global trading and other economic activities. The literature showed that blockchain is rapidly growing at globally and increasing digital money for transactions through peer to peer network. The opinion is given in this research to implement blockchain technology on behind the every single sector of economy to prevent from corruption, fraudulent/ fake funding on infrastructure and human capital.

Suggested Citation

  • Ahmed, Ovais, 2017. "Block chain Technology:Concept of Digital Economics," MPRA Paper 80967, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:80967
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    File URL: https://mpra.ub.uni-muenchen.de/80967/1/MPRA_paper_80967.pdf
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    References listed on IDEAS

    as
    1. Beat Weber, 2014. "Bitcoin – The Promise and Limits of Private Innovation in Monetary and Payment Systems," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 53-66.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Blockchain Technology; Digital Economics; Cryptocurrency;

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Y2 - Miscellaneous Categories - - Introductions and Prefaces
    • Y8 - Miscellaneous Categories - - Related Disciplines

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