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Book teaser from https://www.springer.com/gp/book/9783030713997 https://www.springer.com/gp/book/9783030713997 "A Computational Social Science team at ETH Züri
by mtmail 5y ago
Book teaser from https://www.springer.com/gp/book/9783030713997 https://www.springer.com/gp/book/9783030713997
"A Computational Social Science team at ETH Zürich 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?"