Finance 4.0 - Towards a Socio-Ecological Finance System

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 resilie...

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Formato: Online
Idioma:inglés
Publicado: Springer Nature 2021
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Acceso en liña:ONIX_20210614_9783030714000_22
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collection Directory of Open Access Books
description 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 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? 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.
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spelling doab-20.500.12854ir-708012025-08-13T14:12:08Z Finance 4.0 - Towards a Socio-Ecological Finance System Dapp, Marcus M. Helbing, Dirk Klauser, Stefan Professional Computing Financial Engineering Capital Markets Macroeconomics/Monetary Economics//Financial Economics Blockchain Financial Technology and Innovation Macroeconomics and Monetary Economics Future Money Socio-Ecological Finance Blockchain-Based Incentive Systems Sustainable Development Goals Distributed Ledger Technology Cryptoeconomics Token Engineering Open Access Applied computing Finance Macroeconomics Monetary economics thema EDItEUR::U Computing and Information Technology thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::U Computing and Information Technology thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics 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 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? 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. 2021-06-14T09:30:04Z 2021 book ONIX_20210614_9783030714000_22 OCN: 1252204599 https://library.oapen.org/handle/20.500.12657/49519 9783030714000 https://directory.doabooks.org/handle/20.500.12854/70801 eng SpringerBriefs in Applied Sciences and Technology open access image/png image/jpeg image/jpeg image/jpeg Attribution 4.0 International Attribution 4.0 International Attribution 4.0 International Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/49519/1/9783030714000.pdf https://library.oapen.org/bitstream/20.500.12657/49519/1/9783030714000.pdf https://library.oapen.org/bitstream/20.500.12657/49519/1/9783030714000.pdf https://library.oapen.org/bitstream/20.500.12657/49519/1/9783030714000.pdf Springer Nature Springer 10.1007/978-3-030-71400-0 10.1007/978-3-030-71400-0 9fa3421d-f917-4153-b9ab-fc337c396b5a Schweizerischer Nationalfonds zur Förderung der Wissenschaftlichen Forschung 07f61e34-5b96-49f0-9860-c87dd8228f26 9783030714000 Swiss National Science Foundation (SNF) Springer 109 [grantnumber unknown] open access
spellingShingle Professional Computing
Financial Engineering
Capital Markets
Macroeconomics/Monetary Economics//Financial Economics
Blockchain
Financial Technology and Innovation
Macroeconomics and Monetary Economics
Future Money
Socio-Ecological Finance
Blockchain-Based Incentive Systems
Sustainable Development Goals
Distributed Ledger Technology
Cryptoeconomics
Token Engineering
Open Access
Applied computing
Finance
Macroeconomics
Monetary economics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
Finance 4.0 - Towards a Socio-Ecological Finance System
title Finance 4.0 - Towards a Socio-Ecological Finance System
title_full Finance 4.0 - Towards a Socio-Ecological Finance System
title_fullStr Finance 4.0 - Towards a Socio-Ecological Finance System
title_full_unstemmed Finance 4.0 - Towards a Socio-Ecological Finance System
title_short Finance 4.0 - Towards a Socio-Ecological Finance System
title_sort finance 4 0 towards a socio ecological finance system
topic Professional Computing
Financial Engineering
Capital Markets
Macroeconomics/Monetary Economics//Financial Economics
Blockchain
Financial Technology and Innovation
Macroeconomics and Monetary Economics
Future Money
Socio-Ecological Finance
Blockchain-Based Incentive Systems
Sustainable Development Goals
Distributed Ledger Technology
Cryptoeconomics
Token Engineering
Open Access
Applied computing
Finance
Macroeconomics
Monetary economics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
topic_facet Professional Computing
Financial Engineering
Capital Markets
Macroeconomics/Monetary Economics//Financial Economics
Blockchain
Financial Technology and Innovation
Macroeconomics and Monetary Economics
Future Money
Socio-Ecological Finance
Blockchain-Based Incentive Systems
Sustainable Development Goals
Distributed Ledger Technology
Cryptoeconomics
Token Engineering
Open Access
Applied computing
Finance
Macroeconomics
Monetary economics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::U Computing and Information Technology
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
url ONIX_20210614_9783030714000_22