The State of Stablecoins 2019: Hype vs. Reality in the Race for Stable, Global, Digital Money
History of Money
Why Money needs to be stable
Basic Functions of money
Characteristics of Money
Types of monetary systems
Why have monetary systems have failed
The Triffin Dilemma
The Mundell Fleming Trilemma (Impossible Trinity)
Why contemporary money systems are failing
Bitcoin and the rise of cryptocurrency
Multiplicity of cryptocurrencies
The History of Complementary Currencies
The next generation of cryptocurrencies
The problems with cryptocurrencies
The next generation; post-Bitcoin and Ethereum
Building out infrastructure: The rise of Stablecoins
What is a Stablecoin?
What Stablecoins aim to solve and how they work
Why end users need stability
Overview of different stablecoins and what they aim to achieve
How Stablecoins are different
Alternatives to stablecoins: Fed Coins and Central bank issued digital dollars
Key observations on different stablecoins (compare and contrast) in partnership with PwC
Note: Based on surveys executed with John Shipman from PwC
Next generation stablecoins and money
Final Thoughts and Conclusions
Key Observations from the Answered Questionnaires
Industry Survey Questionnaire
Special Breakout Section On Bretton Woods (Appendix 1)
Stable Coin Evolution and Market Trends
The stable coin evolution and trends discussed in this paper are the interpretation of information gathered via market research and questionnaires sent to 50+ stable coin projects. They are therefore interpretation of this data from the authors at the time this paper was drafted.
Advances in Blockchain Privacy & Confidentiality
Today, blockchains stand on the threshold of both optimizing existing business processes and disrupting those very markets. Yet, the technology's shortcomings on privacy and confidentiality have emerged as perhaps the most daunting roadblocks. (email for a copy)
Blockchain and Shared Ledgers: The New Age of the Consortium
KPMG: "Consensus: Immutable Agreement for the Internet of Value."
The following paper was authored and submitted by George Samman and Katryna Dow for the Web-of-Trust Workshop following ID2020. This Meeco paper, explores the idea of an ‘Immutable Me’ – a step towards individuals having the means to decentralise attributes, claims, verification and provenance of their personal data. George Samman will represent Meeco at ID202o and the Web-of-Trust Conference.
PAR - Productive Asset Record System
An open investment recording system built with intelligent lending and hedge fund administration in mind. A first of its kind, a fully transparent administration and audit platform leveraging blockchain technology.