Official reverse exchange model of virtual money

التفاصيل البيبلوغرافية
العنوان: Official reverse exchange model of virtual money
المؤلفون: Huaying Shu, Jingpei Bi
المصدر: 2015 12th International Conference on Service Systems and Service Management (ICSSSM).
بيانات النشر: IEEE, 2015.
سنة النشر: 2015
مصطلحات موضوعية: TheoryofComputation_MISCELLANEOUS, Exchange rate, Interest rate parity, Financial transaction, Fiat money, Digital currency, Economics, Virtual economy, Monetary economics, Foreign exchange market, Virtual currency
الوصف: With the development of the network, virtual economy is booming, but the absence of reverse exchange mechanism of virtual money restricts the virtual economy. In this paper, first we discuss the current situation and the negative effect resulted from the third-party platform on the profit of issuers and the virtual economy, then by analyzing the advantages and disadvantages of the existed reverse exchange mechanism, we put forward a new model and point out that under the condition of profit maximization, the issuers will not infinite offering virtual currencies, and the ratio of the fiat money exchange rate to the material object exchange rate is equal to the ratio of the corresponding exchange amount of each way.
الوصول الحر: https://explore.openaire.eu/search/publication?articleId=doi_________::5fb144c1f47f98ed71d37c6b7cee5939Test
https://doi.org/10.1109/icsssm.2015.7170200Test
رقم الانضمام: edsair.doi...........5fb144c1f47f98ed71d37c6b7cee5939
قاعدة البيانات: OpenAIRE