Product Information
This Open Access book outlines ideas for a novel, scalable and, above all, sustainable financial system. We all know that today's global markets are unsustainable and global governance is not effective enough. Given this situation, could one boost smart human coordination, sustainability and resilience by tweaking society at its core: the monetary system? A Computational Social Science team at ETH Zurich has indeed worked on a concept and little demonstrator for a new financial system, called Finance 4.0 or just FIN4 , which combines blockchain technology with the Internet of Things ( IoT ). What if communities could reward sustainable actions by issuing their own money ( tokens )? Would people behave differently, when various externalities became visible and were actionable through cryptographic tokens? Could a novel, participatory, multi-dimensional financial system be created? Could it be run by the people for the people and lead to more societal resilience than today's financial system (which is effectively one-dimensional due to its almost frictionless exchange)? How could one manage such a system in an ethical and democratic way? This book presents some early attempts in a nascent field, but provides a fresh view on what cryptoeconomic systems could do for us, for a circular economy, and for scalable, sustainable action.Product Identifiers
PublisherSpringer Nature Switzerland A&G
ISBN-139783030713997
eBay Product ID (ePID)15049046010
Product Key Features
Number of Pages109 Pages
Publication NameFinance 4.0 - Towards a Socio-Ecological Finance System: A Participatory Framework to Promote Sustainability
LanguageEnglish
SubjectEconomics, Finance, Computer Science
Publication Year2021
TypeTextbook
AuthorDirk Helbing, Marcus M. Dapp, Stefan Klauser
SeriesSpringerbriefs in Applied Sciences and Technology
Dimensions
Item Height235 mm
Item Weight197 g
Additional Product Features
EditorDirk Helbing, Marcus M. Dapp, Stefan Klauser
Country/Region of ManufactureSwitzerland