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Erschienen in:
2019 | OriginalPaper | Buchkapitel
AFCoin: A Framework for Digital Fiat Currency of Central Banks Based on Account Model
verfasst von : Haibo Tian, Xiaofeng Chen, Yong Ding, Xiaoyan Zhu, Fangguo Zhang
Erschienen in: Information Security and Cryptology
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Abstract
Currently, the technique choices of issuing digital fiat currencies include RSCoin, Corda and Quorum etc. RSCoin is specially designed for central banks based on Bitcoin. Corda and Quorum are permissioned distributed ledger techniques based on Bitcoin and Ethereum, respectively. There lacks a framework specially for central banks based on Ethereum. We here introduce AFCoin: a framework based on the account model and smart contract of Ethereum. AFCoin shows a possible way to issue and manage fiat currencies by central banks. It can be deployed in an evolutionary way and enjoys good efficiency, regulation and privacy properties.