TY - CHAP
T1 - Peer-to-peer money
T2 - Free currency over the internet
AU - Saito, Kenji
PY - 2003
Y1 - 2003
N2 - This paper proposes a resilient, alternative monetary system on the Internet called i-WAT, based on WAT System[1] which uses a form of promissory note as the medium of exchanging goods and services. i-WAT uses an electronic version of the note, ownership of which is transferred by exchanging messages signed in OpenPGP[2]. i-WAT can be used as the basis of various interpersonal/corporative transactions in the globally distributed computing environment. Specific applications being investigated include distributed consumer reports, an alternative copyright system and spam-free e-mail exchange. A prototype of an i-WAT checkbook has been developed as a plug-in for a Jabber[3] client. Experiments are ongoing.
AB - This paper proposes a resilient, alternative monetary system on the Internet called i-WAT, based on WAT System[1] which uses a form of promissory note as the medium of exchanging goods and services. i-WAT uses an electronic version of the note, ownership of which is transferred by exchanging messages signed in OpenPGP[2]. i-WAT can be used as the basis of various interpersonal/corporative transactions in the globally distributed computing environment. Specific applications being investigated include distributed consumer reports, an alternative copyright system and spam-free e-mail exchange. A prototype of an i-WAT checkbook has been developed as a plug-in for a Jabber[3] client. Experiments are ongoing.
UR - http://www.scopus.com/inward/record.url?scp=35248824211&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=35248824211&partnerID=8YFLogxK
U2 - 10.1007/3-540-45036-x_41
DO - 10.1007/3-540-45036-x_41
M3 - Chapter
AN - SCOPUS:35248824211
SN - 3540404562
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 404
EP - 414
BT - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
A2 - Chung, Chin-Wan
A2 - Kim, Chong-Kwon
A2 - Kim, Won
A2 - Ling, Tok-Wang
A2 - Song, Kwan-Ho
PB - Springer Verlag
ER -