Information: Join today and make your research activities more affordable! Technical workshop participation fees and annual registration fees are available at member rates.
Notice: [Important] Announcement of Changes to Registration Fee Payment and Manuscript Upload Procedures for IEICE Technical Meetings
IEICE Technical Committee Submission System
Conference Paper's Information		 Online Proceedings
[Sign in]
Tech. Rep. Archives
 Go Top Page Go Previous   [Japanese] / [English] 

Paper Abstract and Keywords
Presentation 2015-03-12 13:00
[Invited Talk] The structure of decentralized virtual currency and its institutional design -- The control regulation and applied approach of the coreless currency --
Hitoshi Okada (NII) EMM2014-77
Abstract (in Japanese) (See Japanese page) 
(in English) Bitcoin is a decentralized virtual currency based on P2P technology, which enables the unique distribution of electronic value from one person to person without the centralized issuer. Virtual currency circulates the open looped system as if it were real money, whereas the existing electronic money circulates the closed looped system. Decentralized issue of virtual currency raises a question at the Seigniorage profit, which ought to be under a state monopoly. This analyzes the public policy problems caused by the virtual currency. We have recently conducted a conjoint analysis to see the risk perception of virtual currency. As a solution, this discusses the concept of colored coin which makes the decentralized currency manageable.
Keyword (in Japanese) (See Japanese page) 
(in English) Decentralized Virtual Currency / Block Chain / Seigniorage / Colored Coin / onjoint Analysis / / /  
Reference Info. IEICE Tech. Rep., vol. 114, no. 511, EMM2014-77, pp. 1-6, March 2015.
Paper # EMM2014-77 
Date of Issue 2015-03-05 (EMM) 
ISSN Print edition: ISSN 0913-5685    Online edition: ISSN 2432-6380
Copyright
and
reproduction		 All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034)
Download PDF EMM2014-77

Conference Information
Committee EMM  
Conference Date 2015-03-12 - 2015-03-13 
Place (in Japanese) (See Japanese page) 
Place (in English)  
Topics (in Japanese) (See Japanese page) 
Topics (in English)  
Paper Information
Registration To EMM 
Conference Code 2015-03-EMM 
Language Japanese 
Title (in Japanese) (See Japanese page) 
Sub Title (in Japanese) (See Japanese page) 
Title (in English) The structure of decentralized virtual currency and its institutional design 
Sub Title (in English) The control regulation and applied approach of the coreless currency 
Keyword(1) Decentralized Virtual Currency  
Keyword(2) Block Chain  
Keyword(3) Seigniorage  
Keyword(4) Colored Coin  
Keyword(5) onjoint Analysis  
Keyword(6)  
Keyword(7)  
Keyword(8)  
1st Author's Name Hitoshi Okada  
1st Author's Affiliation National Institute of Informatics (NII)
2nd Author's Name  
2nd Author's Affiliation ()
3rd Author's Name  
3rd Author's Affiliation ()
4th Author's Name  
4th Author's Affiliation ()
5th Author's Name  
5th Author's Affiliation ()
6th Author's Name  
6th Author's Affiliation ()
7th Author's Name  
7th Author's Affiliation ()
8th Author's Name  
8th Author's Affiliation ()
9th Author's Name  
9th Author's Affiliation ()
10th Author's Name  
10th Author's Affiliation ()
11th Author's Name  
11th Author's Affiliation ()
12th Author's Name  
12th Author's Affiliation ()
13th Author's Name  
13th Author's Affiliation ()
14th Author's Name  
14th Author's Affiliation ()
15th Author's Name  
15th Author's Affiliation ()
16th Author's Name  
16th Author's Affiliation ()
17th Author's Name  
17th Author's Affiliation ()
18th Author's Name  
18th Author's Affiliation ()
19th Author's Name  
19th Author's Affiliation ()
20th Author's Name  
20th Author's Affiliation ()
21st Author's Name  
21st Author's Affiliation ()
22nd Author's Name  
22nd Author's Affiliation ()
23rd Author's Name  
23rd Author's Affiliation ()
24th Author's Name  
24th Author's Affiliation ()
25th Author's Name  
25th Author's Affiliation ()
26th Author's Name / /
26th Author's Affiliation ()
()
27th Author's Name / /
27th Author's Affiliation ()
()
28th Author's Name / /
28th Author's Affiliation ()
()
29th Author's Name / /
29th Author's Affiliation ()
()
30th Author's Name / /
30th Author's Affiliation ()
()
31st Author's Name / /
31st Author's Affiliation ()
()
32nd Author's Name / /
32nd Author's Affiliation ()
()
33rd Author's Name / /
33rd Author's Affiliation ()
()
34th Author's Name / /
34th Author's Affiliation ()
()
35th Author's Name / /
35th Author's Affiliation ()
()
36th Author's Name / /
36th Author's Affiliation ()
()
Speaker Author-1 
Date Time 2015-03-12 13:00:00 
Presentation Time 50 minutes 
Registration for EMM 
Paper # EMM2014-77 
Volume (vol) vol.114 
Number (no) no.511 
Page pp.1-6 
#Pages 6 
Date of Issue 2015-03-05 (EMM) 

[Return to Top Page]

[Return to IEICE Web Page]
The Institute of Electronics, Information and Communication Engineers (IEICE), Japan