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Roadmap for a Controlled Block Chain architecture

Author

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  • Hegadekatti, Kartik
  • S G, Yatish

Abstract

The K-Y Protocol envisages the introduction of RSBCs (Regulated and Sovereign Backed Cryptocurrencies). In this paper we discuss in detail the establishment of a Controlled Block Chain based on the K-Y Protocol. It is primarily accomplished using the NationCoin system. There are two aspects to the NationCoin system. The software and the hardware aspect. The software necessary to write and run the Block Chain on the hardware is envisaged. The hardware needed to run and sustain the blockchain is then deliberated. A host of institutions have also been envisioned to create, support and run the NationCoin system. The DAR will be the main institution responsible for creating the Controlled Block Chain architecture. The costing, timeline and the interplay of institutions are also outlined.

Suggested Citation

  • Hegadekatti, Kartik & S G, Yatish, 2016. "Roadmap for a Controlled Block Chain architecture," MPRA Paper 82070, University Library of Munich, Germany, revised 16 Aug 2016.
    • Handle: RePEc:pra:mprapa:82070
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    File URL: https://mpra.ub.uni-muenchen.de/82070/1/MPRA_paper_82070.pdf
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    References listed on IDEAS

    as
    1. Hegadekatti, Kartik & S G, Yatish, 2016. "The K-Y Protocol: The First Protocol for the Regulation of Crypto Currencies (E.g.-Bitcoin)," MPRA Paper 82067, University Library of Munich, Germany.
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    Cited by:

    1. Hegadekatti, Kartik, 2017. "Automation Processes and Blockchain Systems," MPRA Paper 82869, University Library of Munich, Germany.
    2. Hegadekatti, Kartik, 2017. "Towards Regional Monetary Unions through Blockchain Networks," MPRA Paper 82838, University Library of Munich, Germany, revised 18 Apr 2017.
    3. Hegadekatti, Kartik, 2017. "Blockchains and Extra-Terrestrial Nations: Role of Blockchains in the Socio-Political Milieu of Future Extra-Terrestrial Settlements," MPRA Paper 82837, University Library of Munich, Germany, revised 09 May 2017.
    4. Hegadekatti, Kartik, 2017. "The K-Y Paradox: Problems in Creating a Centralised Sovereign Backed Cryptocurrency on a Decentralised Platform," MPRA Paper 82863, University Library of Munich, Germany.
    5. Hegadekatti, Kartik, 2016. "Analysis of Contracts in Various Formats of Blockchain," MPRA Paper 82868, University Library of Munich, Germany.
    6. Hegadekatti, Kartik & S G, Yatish, 2017. "The Programmable Economy: Envisaging an Entire Planned Economic System as a Single Computer through Blockchain Networks," MPRA Paper 82831, University Library of Munich, Germany, revised 16 May 2017.
    7. Hegadekatti, Kartik, 2017. "Legal Systems and Blockchain Interactions," MPRA Paper 82867, University Library of Munich, Germany.
    8. Hegadekatti, Kartik, 2017. "K-Chains: A New Class of Blockchains and Related Turing Machines Based on Quantum Mechanics," MPRA Paper 82832, University Library of Munich, Germany, revised 16 May 2017.
    9. Hegadekatti, Kartik, 2017. "Blockchain Technology - An Instrument of Economic Evolution?," MPRA Paper 82852, University Library of Munich, Germany.
    10. Hegadekatti, Kartik, 2017. "Brand Tokenization and Monetization Through Cryptocurrencies," MPRA Paper 82833, University Library of Munich, Germany, revised 19 Oct 2017.

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    1. Hegadekatti, Kartik, 2017. "Automation Processes and Blockchain Systems," MPRA Paper 82869, University Library of Munich, Germany.
    2. Hegadekatti, Kartik, 2017. "K-Chains: A New Class of Blockchains and Related Turing Machines Based on Quantum Mechanics," MPRA Paper 82832, University Library of Munich, Germany, revised 16 May 2017.
    3. Hegadekatti, Kartik, 2017. "Towards Regional Monetary Unions through Blockchain Networks," MPRA Paper 82838, University Library of Munich, Germany, revised 18 Apr 2017.
    4. Hegadekatti, Kartik, 2016. "Analysis of Contracts in Various Formats of Blockchain," MPRA Paper 82868, University Library of Munich, Germany.
    5. Hegadekatti, Kartik, 2017. "The K-Y Paradox: Problems in Creating a Centralised Sovereign Backed Cryptocurrency on a Decentralised Platform," MPRA Paper 82863, University Library of Munich, Germany.
    6. Hegadekatti, Kartik, 2017. "Blockchain Technology - An Instrument of Economic Evolution?," MPRA Paper 82852, University Library of Munich, Germany.
    7. Hegadekatti, Kartik, 2017. "Legal Systems and Blockchain Interactions," MPRA Paper 82867, University Library of Munich, Germany.
    8. Hegadekatti, Kartik & S G, Yatish, 2017. "The Programmable Economy: Envisaging an Entire Planned Economic System as a Single Computer through Blockchain Networks," MPRA Paper 82831, University Library of Munich, Germany, revised 16 May 2017.

    More about this item

    Keywords

    K-Y Protocol; Controlled Block Chain; RSBC; Distributed Ledger;
    All these keywords.

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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