Skip to main content

2020 | OriginalPaper | Buchkapitel

A Reference Ontology of Money and Virtual Currencies

verfasst von : Glenda Amaral, Tiago Prince Sales, Giancarlo Guizzardi, Daniele Porello

Erschienen in: The Practice of Enterprise Modeling

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

In recent years, there has been a growing interest, within the financial sector, in the adoption of ontology-based conceptual models to make the nature of conceptualizations explicit, as well as to safely establish the correct relations between them, thereby supporting semantic interoperability. Despite the wide number of efforts to create a unified view of the reality related to economic and financial domains, no comprehensive enough formal model has been developed to, on one hand, accurately describe the semantics regarding the world of money and currencies and, on the other hand, differentiate them from virtual currencies - of which cryptocurrencies are the most significant representative. This research aims at tackling these questions by conducting an ontological analysis of money and related concepts, grounded in the Unified Foundational Ontology, based on a literature review of the most relevant economic theories, and considering recent innovations in the financial industry.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
1.
Zurück zum Zitat Oxford English Dictionary: Simpson. JA & Weiner, ESC (1989) Oxford English Dictionary: Simpson. JA & Weiner, ESC (1989)
3.
Zurück zum Zitat Amaral, G., Sales, T.P., Guizzardi, G., Porello, D., Guarino, N.: Towards a reference ontology of money: monetary objects, currencies and related concepts. In: 14th International Workshop on Value Modelling and Business Ontologies (2020) Amaral, G., Sales, T.P., Guizzardi, G., Porello, D., Guarino, N.: Towards a reference ontology of money: monetary objects, currencies and related concepts. In: 14th International Workshop on Value Modelling and Business Ontologies (2020)
5.
Zurück zum Zitat Blums, I., Weigand, H.: Financial reporting by a shared ledger. In: JOWO (2017) Blums, I., Weigand, H.: Financial reporting by a shared ledger. In: JOWO (2017)
7.
Zurück zum Zitat Castelfranchi, C., Falcone, R.: Trust Theory: A Socio-Cognitive and Computational Model, vol. 18. Wiley, Chichester (2010)CrossRef Castelfranchi, C., Falcone, R.: Trust Theory: A Socio-Cognitive and Computational Model, vol. 18. Wiley, Chichester (2010)CrossRef
9.
Zurück zum Zitat De Bonis, R., Vangelisti, M.I.: Moneta - Dai buoi di Omero ai Bitcoin. Collana Universale Paperbacks il Mulino (2019) De Bonis, R., Vangelisti, M.I.: Moneta - Dai buoi di Omero ai Bitcoin. Collana Universale Paperbacks il Mulino (2019)
10.
Zurück zum Zitat De Bruin, B., Herzog, L., O’Neill, M., Sandberg, J.: Philosophy of money and finance. In: Stanford Encyclopedia of Philosophy (2018) De Bruin, B., Herzog, L., O’Neill, M., Sandberg, J.: Philosophy of money and finance. In: Stanford Encyclopedia of Philosophy (2018)
11.
Zurück zum Zitat Decision of the European central bank of 19 April 2013 on the denominations, specifications, reproduction, exchange and withdrawal of euro banknotes (ECB/2013/10). Official Journal of the European Union L118, 37–42 (2013) Decision of the European central bank of 19 April 2013 on the denominations, specifications, reproduction, exchange and withdrawal of euro banknotes (ECB/2013/10). Official Journal of the European Union L118, 37–42 (2013)
13.
Zurück zum Zitat European CentralBank: Virtual currency schemes. Technical report, European Central Bank, Frankfurt a. M., Germany (2012) European CentralBank: Virtual currency schemes. Technical report, European Central Bank, Frankfurt a. M., Germany (2012)
14.
Zurück zum Zitat European CentralBank: Virtual currency schemes-a further analysis. Technical report, European Central Bank, Frankfurt a. M., Germany (2015) European CentralBank: Virtual currency schemes-a further analysis. Technical report, European Central Bank, Frankfurt a. M., Germany (2015)
15.
Zurück zum Zitat Fischer-Pauzenberger, C., Schwaiger, W.S.A.: The OntoREA\(\copyright \) accounting and finance model: ontological conceptualization of the accounting and finance domain. In: Mayr, H.C., Guizzardi, G., Ma, H., Pastor, O. (eds.) ER 2017. LNCS, vol. 10650, pp. 506–519. Springer, Cham (2017). https://doi.org/10.1007/978-3-319-69904-2_38CrossRef Fischer-Pauzenberger, C., Schwaiger, W.S.A.: The OntoREA\(\copyright \) accounting and finance model: ontological conceptualization of the accounting and finance domain. In: Mayr, H.C., Guizzardi, G., Ma, H., Pastor, O. (eds.) ER 2017. LNCS, vol. 10650, pp. 506–519. Springer, Cham (2017). https://​doi.​org/​10.​1007/​978-3-319-69904-2_​38CrossRef
17.
Zurück zum Zitat Guizzardi, G.: Ontological foundations for structural conceptual models. Telematica Instituut Fundamental Research Series, No. 15, ISBN 90-75176-81-3 (2005) Guizzardi, G.: Ontological foundations for structural conceptual models. Telematica Instituut Fundamental Research Series, No. 15, ISBN 90-75176-81-3 (2005)
18.
Zurück zum Zitat Guizzardi, G., Falbo, R.A., Guizzardi, R.S.S.: Grounding software domain ontologies in the Unified Foundational Ontology (UFO). In: 11th Ibero-American Conference on Software Engineering (CIbSE), pp. 127–140 (2008) Guizzardi, G., Falbo, R.A., Guizzardi, R.S.S.: Grounding software domain ontologies in the Unified Foundational Ontology (UFO). In: 11th Ibero-American Conference on Software Engineering (CIbSE), pp. 127–140 (2008)
20.
Zurück zum Zitat Guizzardi, G., Wagner, G., Almeida, J.P.A., Guizzardi, R.S.S.: Towards ontological foundations for conceptual modeling: the Unified Foundational Ontology (UFO) story. Appl. Ontol. 10(3–4), 259–271 (2015)CrossRef Guizzardi, G., Wagner, G., Almeida, J.P.A., Guizzardi, R.S.S.: Towards ontological foundations for conceptual modeling: the Unified Foundational Ontology (UFO) story. Appl. Ontol. 10(3–4), 259–271 (2015)CrossRef
21.
22.
Zurück zum Zitat Herre, H.: General Formal Ontology (GFO): a foundational ontology for conceptual modelling. In: Poli, R., Healy, M., Kameas, A. (eds.) Theory and Applications of Ontology: Computer Applications, pp. 297–345. Springer, Dordrecht (2010)CrossRef Herre, H.: General Formal Ontology (GFO): a foundational ontology for conceptual modelling. In: Poli, R., Healy, M., Kameas, A. (eds.) Theory and Applications of Ontology: Computer Applications, pp. 297–345. Springer, Dordrecht (2010)CrossRef
23.
Zurück zum Zitat Innes, A.M.: What is money? The Banking Law Journal. maio (1913) Innes, A.M.: What is money? The Banking Law Journal. maio (1913)
24.
Zurück zum Zitat ISO: Codes for the representation of currencies - ISO 4217:2015 (2015) ISO: Codes for the representation of currencies - ISO 4217:2015 (2015)
25.
Zurück zum Zitat Keynes, J.M.: A Treatise on Money: V. 1: The Pure Theory of Money. Macmillan, St. Martin’s for the Royal Economic Society (1971) Keynes, J.M.: A Treatise on Money: V. 1: The Pure Theory of Money. Macmillan, St. Martin’s for the Royal Economic Society (1971)
26.
Zurück zum Zitat Knapp, G.F.: The state theory of money. McMaster University Archive for the History of Economic Thought, Technical report (1924) Knapp, G.F.: The state theory of money. McMaster University Archive for the History of Economic Thought, Technical report (1924)
27.
Zurück zum Zitat Macleod, H.: The Theory of Credit, vol. 2. Green, and Company, Longmans (1890) Macleod, H.: The Theory of Credit, vol. 2. Green, and Company, Longmans (1890)
28.
Zurück zum Zitat Mann, F.A.: The Legal Aspect of Money. Milford (1938) Mann, F.A.: The Legal Aspect of Money. Milford (1938)
29.
Zurück zum Zitat Menger, C.: On the origins of money. Ludwig von Mises Institute, CA Foley, Auburn, AL (2009) Menger, C.: On the origins of money. Ludwig von Mises Institute, CA Foley, Auburn, AL (2009)
30.
Zurück zum Zitat Mukhopadhyay, U., Skjellum, A., Hambolu, O., Oakley, J., Yu, L., Brooks, R.: A brief survey of cryptocurrency systems. In: 14th Annual Conference on Privacy, Security and Trust, pp. 745–752. IEEE (2016) Mukhopadhyay, U., Skjellum, A., Hambolu, O., Oakley, J., Yu, L., Brooks, R.: A brief survey of cryptocurrency systems. In: 14th Annual Conference on Privacy, Security and Trust, pp. 745–752. IEEE (2016)
31.
Zurück zum Zitat Papadopoulos, G.: The ontology of money: institutions, power and collective intentionality. Erasmus University Rotterdam (2015) Papadopoulos, G.: The ontology of money: institutions, power and collective intentionality. Erasmus University Rotterdam (2015)
32.
Zurück zum Zitat Polizel, F., Casare, S.J., Sichman, J.S.: Ontobacen: a modular ontology for risk management in the Brazilian financial system. In: JOWO@ IJCAI 1517 (2015) Polizel, F., Casare, S.J., Sichman, J.S.: Ontobacen: a modular ontology for risk management in the Brazilian financial system. In: JOWO@ IJCAI 1517 (2015)
33.
Zurück zum Zitat Scholes, M., et al.: Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance, vol. 608. Wiley, Hoboken (2010) Scholes, M., et al.: Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance, vol. 608. Wiley, Hoboken (2010)
34.
Zurück zum Zitat Searle, J.R.: Money: ontology and deception. Cambridge J. Econ. 41(5), 1453–1470 (2017)CrossRef Searle, J.R.: Money: ontology and deception. Cambridge J. Econ. 41(5), 1453–1470 (2017)CrossRef
35.
Zurück zum Zitat Searle, J.: The Construction of Social Reality. Free Press, New York (1995) Searle, J.: The Construction of Social Reality. Free Press, New York (1995)
36.
Zurück zum Zitat Simmel, G.: The Philosophy of Money. Psychology Press, London (2004) Simmel, G.: The Philosophy of Money. Psychology Press, London (2004)
37.
Zurück zum Zitat Stanley-Smith, J., Schwanke, A.: Pokemon go could get caught in a tax bubble. Int’l Tax Rev. 27, 22 (2016) Stanley-Smith, J., Schwanke, A.: Pokemon go could get caught in a tax bubble. Int’l Tax Rev. 27, 22 (2016)
38.
Zurück zum Zitat Treaty on the functioning of the European union: official Journal of the European Union C326, pp. 47–390 (2012) Treaty on the functioning of the European union: official Journal of the European Union C326, pp. 47–390 (2012)
39.
Zurück zum Zitat Von Mises, L.: The Theory of Money and Cred-It. Skyhorse Publishing, Inc., New York (2013) Von Mises, L.: The Theory of Money and Cred-It. Skyhorse Publishing, Inc., New York (2013)
40.
Zurück zum Zitat Wolla, S.A.: Money and Inflation: A Functional Relationship. Page One Economics (2013) Wolla, S.A.: Money and Inflation: A Functional Relationship. Page One Economics (2013)
41.
Zurück zum Zitat Zelmanovitz, L.: The Ontology and Function of money: The Philosophical Fundamentals of Monetary Institutions. Lexington Books, Lanham (2015) Zelmanovitz, L.: The Ontology and Function of money: The Philosophical Fundamentals of Monetary Institutions. Lexington Books, Lanham (2015)
Metadaten
Titel
A Reference Ontology of Money and Virtual Currencies
verfasst von
Glenda Amaral
Tiago Prince Sales
Giancarlo Guizzardi
Daniele Porello
Copyright-Jahr
2020
DOI
https://doi.org/10.1007/978-3-030-63479-7_16

Premium Partner