
Ester Barinaga
Professor

Sarafu : A cryptocurrency for Kenyan rural communities
Författare
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
Länkar
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