Title: Monetary systems for self-governed cities: Blockchain-based currency will change the way of money

Written By Muhammad Asim

Author: Mr. Andrej Majcen

Abstract

This chapter summarizes how blockchain technology could support the implementation of self-governed cities, while simultaneously contributing to a solution for the global migration crisis, by enabling displaced people as economic actors and integrating them into a modern financial ecosystem.

Keywords

APR - Annual Percentage Rate; BTC – Bitcoin; ETH – Ethereum; EURC- EUR Coin (stablecoin issued by Circle); Dapps - Decentralized Applications; DeFi - Decentralized Finance; DEX - Decentralized Exchange; DID - Decentralized Identity; GDP - Gross Domestic Product; LDC - Lowest Developed Countries; LP - Liquidity Provider; USD - United States Dollar; USDC - USD Coin (stablecoin issued by Circle); VCs - Verifiable Credentials; Free Global Cities; Free Global City

Muhammad Asim
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