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Does this change the meaning of “money”? Are these new forms of money safe? Will we soon be using this new money to buy coffee? Are there advantages to using the new money? Should the central bank issue its own digital money? These, and other questions, are addressed in this nontechnical book. To address these questions the book first considers the history of money. Then the infrastructure for the new monies is introduced: blockchain, cryptography, smart contracts, and early applications like Bitcoin. There is also another form of new money, that is not blockchain-based. It is based on a phone system, which is used to move money, and make deposits and withdraws. While blockchain-based money is embryonic, this second form of new money has changed the lives of millions of people. </p><hr /> </div> <div class="tab-pane" id="tabs-2"> <p class="bookdesc">Gary Gorton is The Frederick Frank Class of 1954 Professor of Finance at the Yale School of Management, USA, which he joined in August 2008. Prior to joining Yale, he taught at the Wharton School of the University of Pennsylvania, USA, between 1984-2008. Dr Gorton is the author of Slapped by the Invisible Hand: The Panic of 2007, Misunderstanding Financial Crises, The Maze of Banking, and Fighting Financial Crises, with Ellis Tallman. He was a consultant to AIG Financial Products during 1996-2008.</p> </div> <div class="tab-pane" id="tabs-3"> <div class="bookreview"><p class="bookreviewtext">There are currently no reviews for this title. 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var data = { brands: myarr }; function createContent() { var brand, productType, color, size; var items = ''; // dynamically create content for (var i=0, len1 = data.brands.length; i < len1; i++) { brand = data.brands[i]; for (var j=0, len2 = data.productTypes.length; j < len2; j++) { productType = data.productTypes[j]; for (var l=0, len3 = data.colors.length; l < len3; l++) { color = data.colors[l]; for (var k=0, len4 = data.sizes.length; k < len4; k++) { size = data.sizes[k]; var itemHtml = '<div class="item ' + brand + ' ' + productType + ' ' + color + ' ' + size + '">' + '<p>' + brand + '</p>' + '<p>' + productType + '</p>' + '<p>' + size + '</p>' + '</div>'; items += itemHtml; } } } } $container.append( items ); } function getComboFilter( filters ) { var i = 0; var comboFilters = []; var message = []; for ( var prop in filters ) { message.push( filters[ prop ].join(' ') ); var filterGroup = filters[ prop ]; // skip to next filter group if it doesn't have any values if ( !filterGroup.length ) { continue; } if ( i === 0 ) { // copy to new array comboFilters = filterGroup.slice(0); } else { var filterSelectors = []; // copy to fresh array var groupCombo = comboFilters.slice(0); // [ A, B ] // merge filter Groups for (var k=0, len3 = filterGroup.length; k < len3; k++) { for (var j=0, len2 = groupCombo.length; j < len2; j++) { filterSelectors.push( groupCombo[j] + filterGroup[k] ); // [ 1, 2 ] } } // apply filter selectors to combo filters for next group comboFilters = filterSelectors; } i++; } var comboFilter = comboFilters.join(', '); return comboFilter; } function manageCheckbox( $checkbox ) { var checkbox = $checkbox[0]; var group = $checkbox.parents('.option-set').attr('data-group'); // create array for filter group, if not there yet var filterGroup = filters[ group ]; if ( !filterGroup ) { filterGroup = filters[ group ] = []; } var isAll = $checkbox.hasClass('all'); // reset filter group if the all box was checked if ( isAll ) { delete filters[ group ]; if ( !checkbox.checked ) { checkbox.checked = 'checked'; } } // index of var index = $.inArray( checkbox.value, filterGroup ); if ( checkbox.checked ) { var selector = isAll ? 'input' : 'input.all'; $checkbox.siblings( selector ).removeAttr('checked'); if ( !isAll && index === -1 ) { // add filter to group filters[ group ].push( checkbox.value ); } } else if ( !isAll ) { // remove filter from group filters[ group ].splice( index, 1 ); // if unchecked the last box, check the all if ( !$checkbox.siblings('[checked]').length ) { $checkbox.siblings('input.all').attr('checked', 'checked'); } } } }); </script> </body> </html>