Regulated And Sovereign Backed Cryptocurrencies Research Articles

Kibbutz Economy Interactions with Blockchains and Cryptocurrency Networks

Kibbutzims, as a social experiment, initially succeeded in achieving the goals for which they were envisaged. Over a period of time, due to changing circumstances, Kibbutzims have faced criticisms on their style of functioning and purpose of existence. Nevertheless, Kibbutzims have managed to evolve and continue to be net contributors to the Israeli economy. Blockchain technology today has attained saturation in terms of commercialization and acceptability. This is partly because; Blockchain is being developed and used by private entities, whose identities are mostly unknown. A large majority of the public is suspicious of the technology and its applications. It has now come to a stage where, to grow bigger, Blockchain Technology needs to be embraced holistically by Governments and Government institutions. This paper deals with integrating the Kibbutz concept with Blockchain Technology, thus providing a possible win-win scenario for both the concepts. We analyse in detail the probable interplay between Blockchain Technology and life in the Kibbutz. Firstly, the concept of Kibbutz and cryptocurrencies are explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. We envisage a scenario where Cryptocurrencies are used in the day-to-day activities of Kibbutzims on their own Blockchain. We evaluate the advantages that can accrue from such a combination. The paper concludes as to how Blockchains can impact Kibbutzims and also how Kibbutzims may influence Blockchain Technology.

WorldMoney - The International Sovereign Backed Cryptocurrency

This paper proposes the introduction of a Global Sovereign Backed Crypto-currency called WorldMoney. WorldMoney will be an international reserve currency. We analyse the impact of WorldMoney on economies in a scenario where Sovereign Backed crypto-currencies will be the mainstream bills of exchange. Firstly, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. Later, we envisage a scenario where WorldMoney is the main international currency of exchange. Finally, the paper concludes as to how WorldMoney may be best suited to be the International mainstream bill of exchange. It can eventually replace the Dollar as the international reserve currency.

Analysis of Contracts in Various Formats of Blockchain

One of the important features of Blockchain is that it allows the hosting and execution of contracts. Such a contract in the digital world is known as a Smart Contract. But the process and consequences of a contract vary radically from one format of Blockchain to another. One of the formats (and the most common at present) is the Unregulated Blockchain (like Bitcoin and Ethereum) with no government supervision whatsoever. Another format is the Controlled Blockchain which is managed and guaranteed by the Government. It is this difference that is vital in understanding the impacts and consequences of entering into and abiding by Smart Contracts. Firstly, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. Later on, I explain how contracts vary between the two Blockchain formats. Finally, the paper concludes as to how smart contracts can be best executed and on which format of Blockchain.

Governance and Geopolitics in the Age of Blockchains and Cryptocurrencies

The advent of Cryptocurrencies (like Bitcoins) is challenging traditional financial and governance institutions. It is expected that over a period of the next few years, cryptocurrencies may be the dominant mode of value exchange. In such a scenario, there will be a paradigm shift in the relationship between governments, people and institutions. This paper deals with the impact of cryptocurrencies and Blockchain technology on governance and Geopolitics. First, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) and Blockchain is explained. Then the idea of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. The effect of cryptocurrencies on governments and people is deliberated. The paper finally concludes by assessing the probable end result of the impact of Blockchains and cryptocurrencies on governance and geopolitics.

Automation Processes and Blockchain Systems

Blockchain Systems and Ubiquitous computing are changing the way we do business and lead our lives. One of the most important applications of Blockchain technology is in automation processes and Internet-of-Things (IoT). Machines have so far been limited in ability primarily because they have restricted capacity to exchange value. Any monetary exchange of value has to be supervised by humans or human-based centralised ledgers. Blockchain technology changes all that. It allows machines to have unique identities and hence a virtual presence. Blockchain technology even allows for automated verification by the network of machines itself. It permits machines to exchange value and introduce the element of discretion in the hands of Machines. This can form the basis for ultimately developing IoT going on to Artificial Intelligence. This paper deals with the various interplays of Blockchain with Automation processes. Firstly, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. Later on, I explain how Blockchain systems are related to IoT. Then we discuss the concept of Smart Mining that will lead to advanced Blockchain activity and Machine intelligence. Finally, the paper concludes as to how Blockchain technology will impact automation processes.

Teller Machines of the Digital Economy: Blockchain Interaction Units (BIU)

The world is rapidly moving onto a cashless economy. But our present economic system is highly centralised. It has a high transaction cost and is vulnerable to single-point failures (like hacking of the centralised servers). Moreover, a centralised digital economic system cannot ensure mixed non-monetary activities as opposed to that possible on a blockchain (like selling of land or sharing or exchange of digital resources). As such, the future digital economy will fast shift to Blockchain platforms. To operate on a cashless digital economy, one needs to have personal electronic devices (like mobile phones, tablets etc). This paper envisages a method to make Blockchain accessible to all irrespective of whether they possess personal devices or not. Firstly, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. Later, I explain how a Blockchain Interaction Unit (BIU) will work. Then we discuss the several advantages of BIUs. Finally, the paper concludes as to how BIUs will impact the economy.

Regulating the Deep Web Through Controlled BlockChains and Crypto-Currency Networks

The Deep Web consists of many shadowy players, some of which are downright illegal and anti-social. In this paper, we delve into how one can regulate the Deep Web through Crypto-currency Networks. The Paper begins by briefly explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). We discuss how, by providing anonymity, unregulated Cryptocoins (like Bitcoin) are fuelling and funding illegal activities across the globe through internet as the conduit. The concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. A situation is envisaged where RSBCs are the main medium of exchange. The manner in which transparent and legal transactions take place is deliberated. Finally, the paper concludes by summarizing the methods that can enable us to regulate the Deep Web.

CoinAsia: A Sovereign Backed Cryptocurrency and Blockchain for Asia

This paper proposes the introduction of a Sovereign Backed Cryptocurrency for Asia called CoinAsia. CoinAsia will be an Asian reserve currency. I analyse the impact of CoinAsia on Asian economies in a scenario where Sovereign Backed cryptocurrencies will be the mainstream bills of exchange. Firstly, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. Later, we envisage a scenario where CoinAsia is the main currency of exchange in Asia. Finally, the paper concludes as to why CoinAsia is best suited to be the mainstream bill of exchange which will eventually replace the Dollar as a reserve currency.

Generation, Security and Distribution of NationCoins by a Sovereign Authority

NationCoins are cryptocurrencies backed by Sovereign Authority (Simply put, they are Government issued Bitcoin-like cryptocurrencies). In this paper, we explain the generation, security and distribution of NationCoins by a Sovereign Authority. We begin by explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). We then discuss the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs). Then we envision a scenario where cryptocoins are a main medium of exchange in an economy. The generation, security and distribution of NationCoins by a Sovereign Authority are deliberated. Finally, the paper concludes by outlining the functions of the Sovereign Authority vis-a-vis NationCoins.

Extra-Terrestrial Applications of Blockchains and Cryptocurrencies

It will be logistically and economically inappropriate to carry paper money or coins during space travel. The cost associated with such an undertaking is prohibitive and also illogical. We evaluate as to how value based transactions can be conducted in outer space. In this paper, the extra-terrestrial applications of BlockChains and cryptocurrencies are analysed. First, the concept of cryptocurrencies (also referred to as cryptocoins in this paper) is explained. Then the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs) is discussed. We envisage a scenario where extra-terrestrial settlements use money to exchange value. The feasibility of paper money systems on future settlements outside earth is deliberated. The various advantages of BlockChains in facilitating economic activity in extra-terrestrial settlements are deliberated. Finally, the paper concludes as to why cryptocurrencies will be best suited to be the mainstream bills of exchange in extra-terrestrial settlements.

Banking Systems in an Economy Dominated by Cryptocurrencies

In this paper, we analyse the workings of commercial banks in a scenario where crypto-currencies are the mainstream bills of exchange. We start by explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). Then we discuss the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs). Later on, we envisage a scenario where cryptocoins are the main media of exchange. The banking aspects of Paper money, Bitcoins and RSBCs are then deliberated. We analyse the interplays between Banking and various currency formats. Finally, the paper concludes as to which currency is best suited to be the mainstream bill of exchange.

Examining Taxation of Fiat Money and Bitcoins vis-a-vis Regulated Cryptocurrencies

In this paper, we examine the Taxation aspects of Fiat money and Bitcoins vis-a-vis Regulated Cryptocurrencies. We start off by briefly explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). We then discuss the concept of Regulated and Sovereign Backed Cryptocurrencies (RSBCs). Then we envisage a scenario where cryptocoins are the main medium of exchange. The taxation aspects of Paper money, Bitcoins and RSBCs are then deliberated with the pros and cons of taxation for each currency format. The currency that can support an Automated Tax Regime is also debated. Finally, the paper concludes by arranging in ascending order, the currencies which are easily amenable to and compliant with taxation policies and laws.

Roadmap for a Controlled Block Chain Architecture

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.