Roadmap for a Controlled Block Chain architecture

Kartik Hegadekatti and Yatish S G

MPRA Paper from University Library of Munich, Germany

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.

Keywords: K-Y Protocol; Controlled Block Chain; RSBC; Distributed Ledger (search for similar items in EconPapers)
JEL-codes: E51 E52 E58 G18 O38 (search for similar items in EconPapers)
Date: 2016-08-13, Revised 2016-08-16
New Economics Papers: this item is included in nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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