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The book is an overview of the History of Money and Empires that create money.
Following the success of the first edition that brought attention to the digital revolution in Islamic financial services, comes this revised and updated second edition of Blockchain, Fintech and Islamic Finance. The authors reiterate the potential of digital disruption to shrink the role and relevance of today’s banks, while simultaneously creating better, faster, cheaper services that will be an essential part of everyday life. Digital transformation will also offer the ability to create new ways to better comply to Islamic values in order to rebuild trust and confidence in the current financial system. In this new edition, they explore current concepts of decentralized finance (DeFi), distributed intelligence, stablecoins, and the integration of AI, blockchain, data analytics and IoT devices for a holistic solution to ensure technology adoption in a prudent and sustainable manner. The book discusses crucial innovation, structural and institutional developments for financial technologies including two fast-growing trends that merge and complement each other: tokenization, where all illiquid assets in the world, from private equity to real estate and luxury goods, become liquid and can be traded more efficiently, and second, the rise of a new tokenized economy where inevitably new rules and ways to enforce them will develop to fully unleash their capabilities. These complementary and oft-correlated trends will complete the decentralization of finance and will influence the way future financial services will be implemented. This book provides insights into the shift in processes, as well as the challenges that need to be overcome for practical applications for AI and blockchain and how to approach such innovations. It also covers new technological risks that are the consequence of utilizing frontier technologies such as AI, blockchain and IoT. Industry leaders, Islamic finance professionals, along with students and academics in the fields of Islamic finance and economics will benefit immensely from this book.
A collection of essays from historians, linguists, martial artists, and other experts to help you write more compelling fantasy by getting the facts right Whether it's correctly naming the parts of a horse, knowing how lords and ladies address one another, or building a realistic fantasy army, getting the details right takes fantasy writing to the next level. Featuring some of the most popular articles from Dan Koboldt’s Fact in Fantasy blog as well as several never-before-seen essays, this book gives aspiring and established fantasy writers alike an essential foundation to the fascinating history and cultures of our own world, which serve as a jumping-off point for more inspired and convincing fantasy.
Over the last few years, we have witnessed an upsurge of enthusiasm about cryptocurrencies and, more generally, the so-called blockchain technology. In this new and updated edition, the authors explore what exactly these new technologies entail and promise. They argue that to understand the potential challenges and further developments in the market, one needs to develop an understanding of what needs these innovations fulfill and what business models are consistent with their use. For that, we need to sufficiently understand both the technology and how it affects the economic forces at play. This book goes beyond the headlines that say “blockchain will decentralize everything” and provides in-depth, rigorous analysis of what can be effectively decentralized and how this decentralization will work. The book draws not only on the general knowledge of digital currencies and blockchain technologies, but also on recent academic research on the topic. Featuring a fully updated chapter on cryptocurrencies and new chapters on smart contracts and enterprise blockchains, this book is critical reading for those interested in how technology developments impact business and society.
If we do not learn from history, we will repeat the mistakes of the present and the past. In earlier times, this was already not good, but in today's times, it can endanger life on earth. This book addresses the question, "Could things have turned out differently?" There are times when a choice determines war or peace, happiness or unhappiness. These are called nodes. Also, this book covers 120 lessons from history and certain topics are covered in depth. This book is a must-read for anyone interested in politics and society. The question of what not only can we do with these lessons from world history is eventually addressed, as well as the question of what we should ultimately do to prevent misery. This book is about lessons from world history that could be applied to the present and the future
This book provides a new way of understanding modern money and markets by stressing their self-fulfilling/self-destructive properties as institutions from evolutionary perspectives. In contrast to an unrealistic view of the neoclassical general equilibrium theory that models the price mechanism of a “concentrated market” without using money, presented here is an alternative theory of markets on how a realistic “dispersive market” using a stock of money and inventory as buffers can work as a multilayered price-quantitative adjustment system. The central features of modern sovereign moneys seen in inconvertible IOUs of central banknotes can be depicted as “The Emperor's New Clothes” that correspond to the U.S. dollar and the Euro void of their own value. The image captures such characteristics of national currencies as “self-fulfilling ideas” by the inertia of conventions in the past and expectations of an uncertain future. Both ideas normally make money more acceptable and circulative so that its value can become more stable unless expectations for the future turn very pessimistic. The same logic also applies to such other currencies as Bitcoin and community currencies. Their recent diffusion has shown that Hayek's idea of denationalization of money and competition between multiple currencies in terms of its qualities, not its quantities sought as in ongoing quantitative easing, become more relevant under current situations. The qualities of money refer not only to stable monetary values and low transaction costs, but also to high ability in creating, sharing, and communicating social and cultural value. The potential of the logic of self-fulfillment of ideas can thus open up a new economic society when we realize that such various non-national currencies all depend on the same logic of money.
The legendary Bitcoin white paper was first published far back beyond 2008 but somehow blockchain is still remaining as a mysterious place to most of the people. This book is for people who want to understand the overall landscape of blockchain technology and cryptocurrency. From the history of money, this book encompasses how Bitcoin and Ethereum works under the hood, potential altcoin projects and in depth real-world use-cases. Turn the first page of this book if you are ready to be a CryptoHipster.
Want to know which nation is ruled by a dentist-turned-dictator? Where to find taxis shaped like coconuts? And who watches competitive cockroach racing? Then this is the book for you! The Big World of Fun Facts from Lonely Planet Kids is a bumper book of amazing facts and stories from around the world. From countries, food and folklore to sports, flags, animals and more, this fun and fascinating adventure will boggle your mind. Themes to explore include: Nations of the world Nature Government, politics and the law People and culture Life stages Religion and faith Food and drink Holiday and celebrations School and work Arts and entertainment Sports and games Transportation and communications About Lonely Planet Kids: Lonely Planet Kids - an imprint of the world's leading travel authority Lonely Planet - published its first book in 2011. Over the past 45 years, Lonely Planet has grown a dedicated global community of travellers, many of whom are now sharing a passion for exploration with their children. Lonely Planet Kids educates and encourages young readers at home and in school to learn about the world with engaging books on culture, sociology, geography, nature, history, space and more. Important Notice: The digital edition of this book may not contain all of the images found in the physical edition.
Now in its fourth edition, Economics: The Basics continues to provide an engaging and topical introduction to the key issues in contemporary economics. The new edition has been fully updated to take into account recent world economic events and key developments, such as the impact of the Covid-19 pandemic and the war in Ukraine, recurring financial crises, deglobalisation and changing patterns in international trade, the rise of China, the digital economy, rising inflation, and housing and currency markets. It covers fundamental issues, including: How different economic systems function The boom-and-bust cycle of market economies The impact of multinational corporations How price, supply and demand interact The role of the banking and finance industry Whether we can reduce poverty and protect the environment With a glossary of terms, suggestions for further reading and new case studies, this comprehensive and accessible guide is essential reading for first-year undergraduate economics students and anyone who wants to understand how economics works.