Decentralised Monetary Systems

31 Pages Posted: 3 Feb 2020

Date Written: December 5, 2019

Abstract

Digital currencies are rising in popularity owing to their purported benefits and the speculative profits that investors are making in the market. These currencies, though decentralised in substance, can be purchased or traded across multiple digital currency platforms. In Africa, these platforms are still at the nascent stages of growth and development, but evidence suggests a burgeoning potential in developing markets. This paper serves as an introductory guide to the market, its prominent currencies as well as some of its key characteristics.

Keywords: Digital Currencies, Decentralised Monetary Systems, Blockchain Technology

JEL Classification: E42, E52, G18

Suggested Citation

Camilla, Natalya, Decentralised Monetary Systems (December 5, 2019). Available at SSRN: https://ssrn.com/abstract=3498841 or http://dx.doi.org/10.2139/ssrn.3498841

Natalya Camilla (Contact Author)

Nelson Mandela University ( email )

University Way
Summerstrand
Port Elizabeth, 6019
South Africa

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