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Invisible BlockChain and Plasticity of Money – Adam Smith Meets Darwin to Buy Crypto Currency

  • Zeeshan-ul-hassan Usmani
  • Andre Waddell
  • Rytis Bieliauskas
Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 339)

Abstract

This paper will attempt to compare evolution in nature (based on Darwin’s theory of evolution by natural selection), with similar processes happening in money, especially in the current iteration of money (cryptocurrencies), and the underlying blockchain technology. This paper will review the history and evolution of money up to this point, shortly explain Darwin’s theory of evolution by natural selection, compare the similarities between evolution by natural selection in nature with evolution in blockchain technology and cryptocurrencies, and will examine the potential paths for the blockchain technology and cryptocurrencies to evolve in the future.

Keywords

Evolution of money Crypto currencies BlockChain Darwinian evolution for crypto currencies 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Zeeshan-ul-hassan Usmani
    • 1
  • Andre Waddell
    • 2
  • Rytis Bieliauskas
    • 3
  1. 1.Misk InnovationRiyadhSaudi Arabia
  2. 2.University of NicosiaNicosiaCyprus
  3. 3.CoingateVilniusLithuania

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