Open AccessLawEconomicsComputer Science

Kazumasa Omote, Makoto Yano

2020Economics, Law, and Institutions in Asia Pacific

DOI: 10.1007/978-981-15-3376-1_8

tlooto Summary

It is shown in Chaps.

Abstract

A ledger can be defined as a “book of permanent record.” With modern information technology, data have become economic resources if they are associated with exclusive owners and put into a ledger. It is shown in Chaps. 3 and 4 that IoT data can be transformed into productive resources while Chaps. 5 and 6 show that transaction data can be turned into money-like bank deposit currencies.

Citation format

OMOTE, Kazumasa; YANO, Makoto. Bitcoin and blockchain technology. Economics, Law, and Institutions in Asia Pacific, 2020.