| Publication |
2012.
|
| Summary/Abstract |
Today information can be exchanged among billions of computers, mobile phones, tablets and other devices connected through the Internet or other networks, wirelessly or physically. There are robust online markets in virtual goods, sometimes paid for using virtual currencies. Computers across the globe can be used collectively to store information in a distributed way so that the information is, in a sense, both nowhere and everywhere at the same time. Encrypted data that convey or unlock value can move thousands of miles in milliseconds. All of this flexibility is being used to design new ways to move money.
|