Abstract

http://ssrn.com/abstract=1728125
 
 

References (26)



 


 



Strains of Digital Money


Ignacio Mas


University of Oxford - Said Business School; Tufts University

July 10, 2015


Abstract:     
This paper provides a basic framework that explains how the major types of known digital money solutions relate to each other, i.e. what are the similarities and differences, and hence the pros and cons, of each. The broader purpose is to offer fresh new perspectives on how digital money grids might be pieced together in the future, so as to make them: (i) safer, technologically and operationally; (ii) more convenient, user friendly, and useful by making them easier to integrate into broader digital solutions (i.e. more programmable); (iii) more contestable by different providers, creating more of a level playing field and stronger incentives to innovate; and (iv) much cheaper than current systems, especially for micro-transactions, which to this day remain unsupported by efficient payment mechanisms and yet constitute the vast majority of transactions in the mass market.

Number of Pages in PDF File: 24

Keywords: Access to Finance, Financial Inclusion, Banking Regulation, Branchless Banking, digital financial services, mobile banking


Open PDF in Browser Download This Paper

Date posted: December 19, 2010 ; Last revised: July 11, 2015

Suggested Citation

Mas, Ignacio, Strains of Digital Money (July 10, 2015). Available at SSRN: http://ssrn.com/abstract=1728125 or http://dx.doi.org/10.2139/ssrn.1728125

Contact Information

Ignacio Mas (Contact Author)
University of Oxford - Said Business School ( email )
Park End Street
Oxford, OX1 1HP
Great Britain
Tufts University ( email )
Medford, MA 02155
United States
Feedback to SSRN


Paper statistics
Abstract Views: 710
Downloads: 160
Download Rank: 122,193
References:  26

© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.266 seconds