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Ester Barinaga. Foto.

Ester Barinaga

Professor

Ester Barinaga. Foto.

Sarafu : A cryptocurrency for Kenyan rural communities

Författare

  • Ester Barinaga

Summary, in English

In June 2019, Ruddick was considering how to embed the management of a cryptocurrency in the rural Kenyan communities that were to use it. Initially introduced as paper currencies managed by a cooperative of rural residents, moving the currency system onto the blockchain implied a change in the monetary design. The case describes communal structures that organize economic life in rural Kenya, as well as the monetary design features of the Sarafu cryptocurrency. It then invites students to consider how the cryptocurrency system could be redesigned to anchor the management of the cryptocurrency in the communities that are to benefit from it.

Avdelning/ar

  • Företagsekonomiska institutionen

Publiceringsår

2022-01-03

Språk

Engelska

Dokumenttyp

Undervisningsfall

Förlag

Sage Business Cases

Ämne

  • Business Administration

Nyckelord

  • community currencies
  • monetary design
  • governance
  • savings
  • loans
  • rural communities
  • Social relations

Aktiv

Published

ISBN/ISSN/Övrigt

  • ISBN: 9781529789898