Differences between revisions 16 and 20 (spanning 4 versions)

The Future of Money

Eswar S. Prasad, 2021 BVT lib 332.4 PRA

Acronyms

ACH	.46	Automated Clearing House Network
Alipay	.84	https://en.wikipedia.org/wiki/Alipay
AML	176	Anti Money Laundering regulations
Ant	.73	Alibaba financial arm
ATM	.61	Automated Teller Machine, 1967?
BoJ	.10	Bank of Japan
BTT	167	BitTorrent Token
CBDC	..4	Central Bank Digital Currencies
CDS	.42	Credit Default Swap
CFT	176	Combat the financing of terrorist activities
CFTC	178	Commodities Futures Trading Commission
	.68	Challenger banks
CHAPS	.43	Clearing House Automated Payment System, Bank of England
CHIPS	.47	Clearing House Interbank Payment System
CTF	178	Combatting Terrorisim Financing
Diem	.10	A cryptocurrency, renamed from Libra
DLT	107	Distributed Ledger Technology
ECB	.14	European Central Bank
e-CNY	.13	electronic Chinese yuan

EME	.11	Emerging Market Economy
	137	Ethereum Blockchain Explorer
ETO	166	Equity Token Offering
Fed	.13	United States Federal Reserve
Fedwire	.47	RTGS for 5500+ participants in the United States
FICO	.75	Fair Isaac Corporation, credit scoring
FinCEN	178	US Treasury Financial Crimes Enforcement Unit
Fintech	6	Financial technologies
	_71	Funding Circle
G-3	_14	Group of 3 ( BoJ, ECB, Fed )
GDP	_13	Gross Domestic Product
ICO	162	Initial coin offering
IEO	166	Initial exchange offering
JUMO	.77	business to business financial services platform
	.72	Kickstarter crowd funding
KYC	178	Know Your Customer
	.70	Lending Club
	.72	Lending Tree
Libra	.09	A cryptocurrency, renamed Diem
Lufax	.77	Shanghai Lujiazui International Financial Asset Exchange
M0	.28	Currency (banknotes and coins) in circulation
M1	.28	M0 plus demand deposits and checking deposits
M2	.28	broad money: M1, small deposits, savings, travellers checks, retail money market mutual funds
M3	.31	Sweden, India term
M-PESA	.65	Kenya Safaricom mobile phone money (Swahili "pesa" )


NINJA	.43	loans; No Income, No Job, No Assets
OnDeck	100	https://en.wikipedia.org/wiki/OnDeck_Capital
Oscar	.81	Health Insurance
Paytm	.88	India Prepaid Mobile Phone Cards
PBC	.75	People's Bank of China
P2P	.69	Peer-to-peer (lending for example)
Quadriga	148	Quadriga Fintech Solutions
RBI	176	Reserve Bank of India
RMB	.76	Renminbi (0.14 USD in 2022)
RTGS	.46	Real-Time Gross Settlement system

S&P 500	.37	Standard & Poors stock market index
SEC	.70	United States Securities and Exchange Commision
SME	.75	Small and Medium Sized Enterprise
STO	162	Security token offering
SMS	.65	Short Message Service for mobile phones
Stripe	.88	Online payment processor
SWIFT	.48	Society for Worldwide Interbank Financial Telecommunication 1973

TARGET2	.47	Trans-European Automated Real-time Gross settlement Express Transfer System 2
Tether		Cryptocurrency
TOR	146	https://en.wikipedia.org/wiki/Tor_(network)
UPI	.87	Unified Payments Interface (India)
Upstart	.71	lender
VASP	171	Virtual Asset Service Provider
Venmo	.83	Peer-to-peer payment system
WeChat	.84	payment system

XRP	.90	Ripple digital payment processing system
	.95	Wealthfront automated portfolio manager	Whale	175	>1800 Bitcoin whales with more than 1000 bitcoins each
Wise	.91	Wise aka TransferWise remittance network

	.92	WorldRemit money transfer system

-  ⇤ ← Revision 16 as of 2022-10-27 01:07:32 → 
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-Deletions are marked like this.
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 Line 6:
-|| ACH      || .46 || Automated Clearing House Network    ||
+|| ACH      || .46 || Automated Clearing House Network                         ||
 Line 8:
-|| Ant      || .73 || Alibaba financial arm                   ||
|| ATM      || .61 || Automated Teller Machine, 1967?         ||
|| BoJ      || .10 || Bank of Japan               ||
|| CBDC     || ..4 || Central Bank Digital Currencies                 ||
|| CDS      || .42 || Credit Default Swap                             ||
||          || .68 || Challenger banks                             ||
+|| AML      || 176 || Anti Money Laundering regulations                        ||
|| Ant      || .73 || Alibaba financial arm                                    ||
|| ATM      || .61 || Automated Teller Machine, 1967?                          ||
|| BoJ      || .10 || Bank of Japan                                            ||
|| BTT      || 167 || !BitTorrent Token                                        ||
|| CBDC     || ..4 || Central Bank Digital Currencies                          ||
|| CDS      || .42 || Credit Default Swap                                      ||
|| CFT      || 176 || Combat the financing of terrorist activities             ||
|| CFTC     || 178 || Commodities Futures Trading Commission                   ||
||          || .68 || Challenger banks                                         ||
-Line 15:
+Line 19:
-|| CHIPS    || .47 || Clearing House Interbank Payment System  ||
|| Diem     || .10 || A cryptocurrency, renamed from Libra     ||
+|| CHIPS    || .47 || Clearing House Interbank Payment System                  ||
|| CTF      || 178 || Combatting Terrorisim Financing                          ||
|| Diem     || .10 || [[ https://en.wikipedia.org/wiki/Diem_(digital_currency) | A cryptocurrency ]], renamed from Libra                     ||
-Line 18:
+Line 23:
-|| ECB      || .14 || European Central Bank                            ||
|| e-CNY    || .13 || electronic Chinese yuan                          ||
||          ||     ||                                                  ||
|| EME      || .11 || Emerging Market Economy                          ||
||          || 137 || [[ https://etherscan.io/ | Ethereum Blockchain Explorer ]] ||
|| ETO      || 166 || Equity Token Offering                            ||
|| Fed      || .13 || United States Federal Reserve                    ||
|| Fedwire  || .47 || RTGS for 5500+ participants in the United States ||
|| FICO     || .75 || Fair Isaac Corporation, credit scoring           ||
|| Fintech  || __6 || Financial technologies                           ||
||          || _71 || Funding Circle                                   ||
|| G-3      || _14 || Group of 3 ( BoJ, ECB, Fed )                     ||
|| GDP      || _13 || Gross Domestic Product                           ||
+|| ECB      || .14 || European Central Bank                                    ||
|| e-CNY    || .13 || electronic Chinese yuan                                  ||
||          ||     ||                                                          ||
|| EME      || .11 || Emerging Market Economy                                  ||
||          || 137 || [[ https://etherscan.io/ | Ethereum Blockchain Explorer]]||
|| ETO      || 166 || Equity Token Offering                                    ||
|| Fed      || .13 || United States Federal Reserve                            ||
|| Fedwire  || .47 || RTGS for 5500+ participants in the United States         ||
|| FICO     || .75 || Fair Isaac Corporation, credit scoring                   ||
|| FinCEN   || 178 || US Treasury Financial Crimes Enforcement Unit            ||
|| Fintech  || __6 || Financial technologies                                   ||
||          || _71 || Funding Circle                                           ||
|| G-3      || _14 || Group of 3 ( BoJ, ECB, Fed )                             ||
|| GDP      || _13 || Gross Domestic Product                                   ||
-Line 33:
+Line 39:
-|| JUMO     || .77 || business to business financial services platform ||
||          || .72 || Kickstarter crowd funding                        ||
+|| JUMO     || .77 || business to business financial services platform         ||
||          || .72 || Kickstarter crowd funding                                ||
|| KYC      || 178 || Know Your Customer                                       ||
-Line 37:
+Line 44:
-|| Libra    || .09 || A cryptocurrency, renamed Diem                   ||
+|| Libra    || .09 || A cryptocurrency, renamed [[ https://en.wikipedia.org/wiki/Diem_(digital_currency) | Diem ]] ||
-Line 39:
+Line 46:
-|| M0       || .28 || Currency (banknotes and coins) in circulation    ||
|| M1       || .28 || M0 plus demand deposits and checking deposits    ||
+|| M0       || .28 || Currency (banknotes and coins) in circulation            ||
|| M1       || .28 || M0 plus demand deposits and checking deposits            ||
-Line 42:
+Line 49:
-|| M3       || .31 || Sweden, India term                              ||
|| M-PESA   || .65 || Kenya Safaricom mobile phone money (Swahili "pesa" )                                          ||
||          ||     ||                                                 ||
||          ||     ||                                                 ||
|| NINJA    || .43 || loans; No Income, No Job, No Assets             ||
+|| M3       || .31 || Sweden, India term                                       ||
|| M-PESA   || .65 || Kenya Safaricom mobile phone money (Swahili "pesa" )     ||
||          ||     ||                                                          ||
||          ||     ||                                                          ||
|| NINJA    || .43 || loans; No Income, No Job, No Assets                      ||
-Line 50:
+Line 57:
-|| PBC      || .75 || People's Bank of China                          ||
|| P2P      || .69 || Peer-to-peer (lending for example)              ||
+|| PBC      || .75 || People's Bank of China                                   ||
|| P2P      || .69 || Peer-to-peer (lending for example)                       ||
-Line 53:
+Line 60:
-|| RMB      || .76 || Renminbi (0.14 USD in 2022)                     ||
|| RTGS     || .46 || Real-Time Gross Settlement system               ||
||          ||     ||                                                 ||
|| S&P 500  || .37 || Standard & Poors stock market index             ||
|| SEC      || .70 || United States Securities and Exchange Commision ||
+|| RBI      || 176 || Reserve Bank of India                                    ||
|| RMB      || .76 || Renminbi (0.14 USD in 2022)                              ||
|| RTGS     || .46 || Real-Time Gross Settlement system                        ||
||          ||     ||                                                          ||
|| S&P 500  || .37 || Standard & Poors stock market index                      ||
|| SEC      || .70 || United States Securities and Exchange Commision          ||
-Line 63:
+Line 71:
-||          ||     ||                                                 ||
+||          ||     ||                                                          ||
-Line 68:
+Line 76:
-|| Upstart  || .71 || lender                                          ||
+|| Upstart  || .71 || lender                                                   ||
|| VASP     || 171 || Virtual Asset Service Provider                           ||
-Line 71:
+Line 80:
-||          ||     ||                                                 ||
+||          ||     ||                                                          ||
-Line 73:
+Line 82:
-||          || .95 || [[ https://en.wikipedia.org/wiki/Wealthfront  | Wealthfront ]] automated portfolio manager ||                                            ||          ||     ||                                                 ||
|| Wise     || .91 || [[ https://en.wikipedia.org/wiki/Wise_(company) |Wise ]] aka !TransferWise remittance network ||
||          ||     ||                                                 ||
+||          || .95 || [[ https://en.wikipedia.org/wiki/Wealthfront  | Wealthfront ]] automated portfolio manager ||                                            || Whale    || 175 || >1800 Bitcoin whales with more than 1000 bitcoins each   ||
|| Wise     || .91 || [[ https://en.wikipedia.org/wiki/Wise_(company) | Wise ]] aka !TransferWise remittance network ||
||          ||     ||                                                          ||
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+Line 86:
-||          ||     ||                                                 ||
||          ||     ||                                                 ||
+||          ||     ||                                                          ||
||          ||     ||                                                          ||

Diff for "TheFutureOfMoney"

The Future of Money

Eswar S. Prasad, 2021 BVT lib 332.4 PRA

Acronyms