How Tracking of Electronic Money Might Improve Financial Market Crisis Intervention
Dirk-Hinnerk Fischer
Additional contact information
Dirk-Hinnerk Fischer: Tallinn University of Technology, Estonia
Management, 2017, vol. 12, issue 4, 301-316
Abstract:
Technology has changed and will continue to change the financial system. This paper proposes a set of tools that can give control entities a more profound insight into the markets and enable them to react to crises more efficiently. The theoretical proposal presented in this paper is a control tool that has its foundation in digital currencies and enables central banks to trace some of their freshly issued money in order to understand the current market activities more profoundly. The second purpose of this basic tool is to enable further tools, which are based on the same technology. The tool that exemplifies the possibilities of the concept in this paper allows money to be targeted to a particular market sector or another market. This paper introduces this original, theoretical system and investigates its possible positive and negative impacts on the economy.
Keywords: finance; crisis intervention; electronic money; monetary policy; central bank; blockchain (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.hippocampus.si/ISSN/1854-4231/12.301-316.pdf full text (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:mgt:youmng:v:12:y:2017:i:4:p:301-316
Ordering information: This journal article can be ordered from
http://www.mng.fm-kp.si
DOI: 10.26493/1854-4231.12.301-316
Access Statistics for this article
Management is currently edited by Klemen Kavcic
More articles in Management from University of Primorska, Faculty of Management Koper Contact information at EDIRC.
Bibliographic data for series maintained by Alen Jezovnik ().