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SpringerBriefs in Applied Sciences and Technology
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Finance 4.0 - Towards a Socio-Ecological Finance System

A Participatory Framework to Promote Sustainability

Editors: Dapp, Marcus M., Helbing, Dirk, Klauser, Stefan (Eds.)

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  • Explains thought-provoking new financial system boosting sustainable action
  • Discusses design principles and process including ethical considerations
  • Presents working blockchain-based demonstrator to experiment with
  • Is an open access book
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  • ISBN 978-3-030-71400-0
  • This book is an open access book, you can download it for free on link.springer.com
Softcover 41,59 €
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  • ISBN 978-3-030-71399-7
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About this book

This Open Access book outlines ideas for a novel, scalable and, above all, sustainable financial system.

We all know that today’s global markets are unsustainable and global governance is not effective enough. Given this situation, could one boost smart human coordination, sustainability and resilience by tweaking society at its core: the monetary system? A Computational Social Science team at ETH Zürich has indeed worked on a concept and little demonstrator for a new financial system, called “Finance 4.0” or just “FIN4”, which combines blockchain technology with the Internet of Things (“IoT”). 

What if communities could reward sustainable actions by issuing their own money (“tokens”)? Would people behave differently, when various externalities became visible and were actionable through cryptographic tokens? Could a novel, participatory, multi-dimensional financial system be created? Could it be run by the people for the people and lead to more societal resilience than today’s financial system (which is effectively one-dimensional due to its almost frictionless exchange)? How could one manage such a system in an ethical and democratic way?

This book presents some early attempts in a nascent field, but provides a fresh view on what cryptoeconomic systems could do for us, for a circular economy, and for scalable, sustainable action.

About the authors

Dirk Helbing is Professor of Computational Social Science at ETH Zürich. He is elected member of the German Academy of Sciences “Leopoldina”. In January 2014 he received an honorary doctorate from TU Delft, where he was affiliate professor from 2015-2020, leading the PhD school "Engineering Social Technologies for a Responsible Digital Future".

Marcus M. Dapp is Senior Research Assistant at the Chair of Computational Social Science at ETH Zürich and Research Associate at UCL Centre for Blockchain Technologies. His interests are cryptoeconomics for sustainability, the interrelation between value and money, peer-to-peer governance models, and digital ethics.

Stefan Klauser is Co-founder & CEO of aisot, a Fintech company specialized in data analytics and predictive signals with a special focus on digital assets. Before founding aisot, Stefan was Project Lead for FuturICT 2.0 / FIN4 at the Professorship of Computational Social Science at ETH Zürich.

Table of contents (5 chapters)

Table of contents (5 chapters)
  • From Fiat to Crypto: The Present and Future of Money

    Pages 1-25

    Dapp, Marcus M.

  • Qualified Money—A Better Financial System for the Future

    Pages 27-37

    Helbing, Dirk

  • A “Social Bitcoin” Could Sustain a Democratic Digital World

    Pages 39-51

    Kleineberg, Kaj-Kolja (et al.)

  • Finance 4.0—A Socio-Ecological Finance System

    Pages 53-89

    Ballandies, Mark C. (et al.)

  • An Interaction Support Processor to Promote Individual and Systemic Benefits

    Pages 91-106

    Helbing, Dirk

Buy this book

eBook  
  • ISBN 978-3-030-71400-0
  • This book is an open access book, you can download it for free on link.springer.com
Softcover 41,59 €
price for Spain (gross)
  • ISBN 978-3-030-71399-7
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Finance 4.0 - Towards a Socio-Ecological Finance System
Book Subtitle
A Participatory Framework to Promote Sustainability
Editors
  • Marcus M. Dapp
  • Dirk Helbing
  • Stefan Klauser
Series Title
SpringerBriefs in Applied Sciences and Technology
Copyright
2021
Publisher
Springer International Publishing
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-030-71400-0
DOI
10.1007/978-3-030-71400-0
Softcover ISBN
978-3-030-71399-7
Series ISSN
2191-530X
Edition Number
1
Number of Pages
IX, 109
Number of Illustrations
28 illustrations in colour
Topics