Distributed ledgers and the governance of money

Distributed ledgers and the governance of money

Report

Distributed ledgers and the governance of money

Originally published in January 2021, revised in November 2021.BIS Working Papers | No 924 | 26 January 2021by Raphael Auer, Cyril Monnet and Hyun Song ShinPDF full text (1,257kb) | 83 pagesSummaryFocusBlockchain technology breathes new life into the classical analysis of "money as memory," ie as a substitute for a ledger of all past transactions, where holding money is a record of goods sold and…

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