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Money Without Boundaries: How Blockchain Will Facilitate the Denationalization of Money


ISBN13: 9781119564065
Published: August 2019
Publisher: John Wiley & Sons Ltd
Country of Publication: USA
Format: Hardback
Price: £22.99



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Discover how blockchain will facilitate a new currency that will transcend space and time Largely inspired by The Denationalization of Money by Fredrich Hayek, Money Without Boundaries ideological foundation is also inspired by economists and thought leaders like Milton Friedman and Irving Fisher, advancements in capital markets over the past 50 years, and the convergence of old and new technologies.

Author Thomas J. Anderson explains how blockchain acts as the filter and the glue, making it all possible. Compared with other currencies, blockchain-managed money markets are more straightforward and transparent. It is easier to monitor, understand, and assess the quality of their "full-faith and credit." Money Without Boundaries shows how not only money, but also the process of borrowing and lending, will evolve to be conducted in a 100% trusted, secure, transparent, open architecture environment.

Anderson begins with a history of money and discusses the rise of cryptocurrency, concluding with a comparison of decentralized money markets to all other alternatives. Money without Boundaries

  • Demonstrates how blockchain technology allows full transparency
  • Explains how blockchain makes it possible for money to be fully commoditized
  • Explains how this fully market-based, decentralized, self-regulating system has vast implications throughout the global financial system
  • Shows how everyone will benefit when they have the opportunity to compete on "full faith in credit"
If you are interested in cryptocurrency, money, monetary theory, or understanding how the applied uses of blockchain technology will change your everyday life, this is essential reading.

Subjects:
Blockchain and Cryptocurrency
Contents:
Preface
Acknowledgments
Introduction
Chapter 1: Money Through Time - A Different Perspective
Chapter 2: The Fundamentals of Money
Chapter 3: Banking - An Overview
Chapter 4: The Denationalization of Money
Chapter 5: The Rise of Cryptocurrency
Chapter 6: The Role Model
Chapter 7: Pillar 1 - Modern Portfolio Theory and the Risk-Free Asset
Chapter 8: Pillar 2 - The Credit Theory of Money
Chapter 9: Pillar 3 - Solving the Trust Gap = Blockchain
Chapter 10: Pillar 4 - Capital Markets as a "Technology"
Chapter 11: Transcending Space and Time
Chapter 12: Bringing the Building Blocks Together
Chapter 13: A Neural Network Begins
Chapter 14: Conclusion
Appendix A: The Future of Money - A Credit-Based Society
Appendix B: A House of Cards
Glossary
Resource Guide
Bibliography
About the Author
Endnotes
Index