The Creation of a Cryptocurrency to Support Disintermediation
Ahmed Gomaa
The University of Scranton, USA
Volume 12: 2018, pp. 63-100; ABSTRACT
This case promotes discussions about blockchain technology and cryptocurrencies usage in activity tracking as a possible means to
enable disintermediation. It first provides an overview on the steps required to install a Digital Wallet. Second, it provides an
explanation of the need to add cryptocurrencies to be able to interact with the blockchain. Third, it presents an overview of
cryptocurrencies creation using smart contracts. Fourth it shows how to transfer created tokens from one person to another. Fifth,
it explains how to use the created currency as a means to track, and audit, performed activities using the blockchain as a public
ledger in lieu of dealing with an intermediary to track activities. As an example, the case presents three roommates who decided to
create, and use, a cryptocurrency to track cleaning activities within the common living areas in their shared apartment instead of
depending on an intermediary to track their activities.
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