A New Possible Model to Issue Digital Currency

DOI

10.2991/edmi-19.2019.65How to use a DOI?

Keywords

digital currency; money supply; VAR model; Inventory model for currency requirements.

Abstract

In this paper we consider a decentralized digital currency model to promote the development of global economic globalization. A new digital currency system derived by combining the characteristics of today's currency issuing system and digital currency. The different factors affecting the price of bitcoin through VAR model is given. Then we analyze the impact of digital currency on the current monetary system. The Inventory model for currency requirements presented to analyze the demand for cash transactions after the digital currency is used.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Guosheng Tang
AU  - Qi Zhao
AU  - Suhua Wang
PY  - 2019/08
DA  - 2019/08
TI  - A New Possible Model to Issue Digital Currency
BT  - Proceedings of the 1st International Symposium on Economic Development and Management Innovation (EDMI 2019)
PB  - Atlantis Press
SP  - 391
EP  - 398
SN  - 2352-5428
UR  - https://doi.org/10.2991/edmi-19.2019.65
DO  - 10.2991/edmi-19.2019.65
ID  - Tang2019/08
ER  -