Abstract: Monetary systems have underpinned our societies throughout the ages, by both enabling individuals to carry out their daily activities and fulfilling a range of other needs and functions. The emergence of digital currencies, in the context of digitalization, has given rise to a host of questions about the future of our monetary systems. Drawing perspectives from various disciplines of literature and expert opinions, this article examines how digitalization has and will continue to shape the future of our monetary and economic systems and societies, from online banking systems to cashless societies and distributed alternative currency systems such as Bitcoin.
|Title of host publication||Bit Bang 8: Digitalization|
|Editors||Yrjö Neuvo, Erkki Ormala, Meri Kuikka|
|Publisher||Aalto University’s Multidisciplinary Institute of Digitalisation and Energy (MIDE)|
|Publication status||Published - Oct 2016|
|MoE publication type||B2 Part of a book or another research book|
- digital money
- virtual money