Identifying the dynamic impact: a regulatory perspective on electronic money
Diversified electronic money products are emerging recently with the rapid growth of e-commerce in China. A hot research topic now is to identify the dynamic impact arising from various uncertainties of e-money evolution, which is essential for an effective regulation. This paper gives e-money a formal definition, and puts it into two categories according to legal tender dependency. Detailed discussion is given about the difference between the two. We recognize the sedimentary money as the key element in the analysis of e-moneys impact on economy. A quantitative model is built to calculate the speed of sedimentary accumulation. Then the dynamic impact is analyzed from three typical modes dealing with the sedimentary money. Finally the implications for e-money regulation including the IT architecture are presented based on above analysis.
electronic money electronic commerce system analysis regulation
SUN Hao CHAI Yueting LIU Yi
National CIMS Engineering Research Center, Department of Automation Tsinghua University Beijing, China
国际会议
Second International Symposium on Electronic Commerce and Security(第二届电子商务与安全国际研究大会)(ISECS 2009)
南昌
英文
66-70
2009-05-22（万方平台首次上网日期，不代表论文的发表时间）