Sunday, March 14, 2010

Currency Design For Social Networks

I recently completed this presentation on virtual currency issuance and management. As never before, the virtual world and gaming environments are providing incredible opportunities for the nonpolitical digital currency ecosystem. While private currency issuers tepidly begin to circulate beyond the in-world environments, it creates a set of economic and legal considerations that may give rise to a form of "virtual" central banking. Undoubtedly, this will have implications for corporate revenue and profitability models, not to mention being a distinct challenge to the government-issued political currencies.

1 comment:

  1. That's exactly what www.transparencyexchange.com is acomplishing. We are standardizing, regulating and facilitating the exchange of multipal virtual world currencies.

    ReplyDelete