Tethered Money

Tettered Money: Managing Digital Currency Transactions presents a comprehensive discussion of financial transactions using digital currencies, with the author, Gideon Samid, making the case for their expansion in tethered money. Exploring the technical, legal, and historical aspects of digital money, the author discusses how the emerging technology of money specified for a specific need or to perform a particular task will affect society.

The ability to dictate, Samid argues, how money is spent could increase control over our lives and resources, enabling us to practice a certain efficiency that would, in due time, become a pillar of civilization. Informative and thought-provoking, the book describes an evolving future that, in some quarters, has already arrived.

Autorentext
Prof. Gideon Samid, PhD, specializes in engineering, economics, cyber-security, and cryptography. Following on his PhD dissertation Gideon has been developing the Universal Theory of Innovation which codifies the generic aspects of Research & Development, and which accelerates the innovation process by focusing on the credibility of the estimate of cost-to-complete. Applying the same for cyber-security, and exploiting his granted patents for a new dimension in cryptography (equivocation v. intractability), Gideon realized early, (2008), the multi-dimensional impact of frictionless payment, crypto-secured currency, and tethered money. He has been building-up this vision ever since; bringing to bear a wealth of cyber-security experience, engineering design, and economic analysis of high-uncertainty projects. Gideon earned his BSc., MSc., and PhD at the Technion -- Israel Institute of Technology; learned his craft serving the State of Israel, working at the Pentagon, Exxon, NASA, SAC, Presearch etc.; running D&G Sciences -- Innovation Productivity Corporation, and recently serving as the Chief Technology Officer at BitMint, LLC; also teaching cyber-security, cryptography, and digital money at the University of Maryland, University College, and at Case Western Reserve University. Gideon authored over 50 peer-reviewed technical articles, and a handful of critically acclaimed books.

Klappentext

Financial transactions with digital currencies are widespread, and Gideon Samid makes a case for their expansion in Tethered Money. Exploring technical, legal, and historical aspects of digital money, he asks how the emerging technology of money specified for a specific need or to perform a particular task will affect society. The ability to dictate how money is spent could, he argues, increase our control over our lives and resources, enabling us to practice a certain efficiency that would, in due time, become a pillar of civilization. Informative and thought-provoking, Tethered Money describes an evolving future that in some quarters has already arrived.

Inhalt
Introduction: Tethered Money-A Game Changer1. Money: An Irreverent Analysis2. Tethered Money-Use & Impact3. Money: Undisclosed Security Issues4. BitMintWhat's Next?Appendices