Bitcoin and Blockchain Technology
Kazumasa Omote, Makoto Yano · Economics, law, and institutions in Asia Pacific · 2020
A ledgerLedger can be defined as a “book of permanent record.” With modern information technology, data have become economic resources if they are associated with exclusive owners and put into a ledgerLedger. It is shown in Chaps. 3 and 4 that IoTInternet of Things (IoT) data can be transformed into productive resources while Chaps. 5 and 6 show that transaction data can be turned into money-likeMoney bank deposit currenciesDeposit currency.