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Block chain Technology:Concept of Digital Economics

Listed author(s):
  • Ahmed, Ovais

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.

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File URL: https://mpra.ub.uni-muenchen.de/80967/1/MPRA_paper_80967.pdf
File Function: original version
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 80967.

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Date of creation: 24 Aug 2017
Handle: RePEc:pra:mprapa:80967
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  1. Christian Beer & 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.
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