Quantum money

The quantum money (q-money) as a possible convenient, socially innovative, technologically attractive and user/issuer friendly value storing/not storing unit, mean of payment and exchange medium in the advanced financial systems of the developed states is a subject of our scientific interest in this research article. The purpose of this research article is to report on a number of topics: 1. The historical evolution of the money in the financial systems within the economies of the scales and scopes over the centuries. 2. The definition on the electronic money in the financial systems within the economies of the scales and scopes. 3. The proposal and definition on the quantum money in the financial systems within the economies of the scales and scopes. 4. The theoretical framework on the quantum money functional principles in the financial systems within the quantum economies of the scale and scopes. 5. The monetary policies toward the quantum money introduction and functioning in the financial systems within the economies of the scales and scopes. 6. The possible change impacts by the quantum money on the central banks’ existing monetary policies and the financial systems structure within the economies of the scales and scopes. We believe that the quantum money is more convenient for the existing financial and economic systems, which can be accurately characterized by the quantum macroeconomic theory in Ledenyov D O, Ledenyov V O (2015h) and the quantum microeconomics theory in Ledenyov D O, Ledenyov V O (2015j) instead of the classic macroeconomics and microeconomics theories. The authors think that the present transition to the quantum money (q-money) from the electronic money (e-money) in the finances can be conditionally compared with the present transition to the quantum devices (lasers, quantum random number generators, quantum computers) from the electronic devices (vacuum tubes, transistors, integrated circuits, analog computers, digital computers) in the electronics

Quantum money

The quantum money (q-money) as a possible convenient, socially innovative, technologically attractive and user/issuer friendly value storing/not storing unit, mean of payment and exchange medium in the advanced financial systems of the developed states is a subject of our scientific interest in this research article. The purpose of this research article is to report on a number of topics: 1. The historical evolution of the money in the financial systems within the economies of the scales and scopes over the centuries. 2. The definition on the electronic money in the financial systems within the economies of the scales and scopes. 3. The proposal and definition on the quantum money in the financial systems within the economies of the scales and scopes. 4. The theoretical framework on the quantum money functional principles in the financial systems within the quantum economies of the scale and scopes. 5. The monetary policies toward the quantum money introduction and functioning in the financial systems within the economies of the scales and scopes. 6. The possible change impacts by the quantum money on the central banks’ existing monetary policies and the financial systems structure within the economies of the scales and scopes. We believe that the quantum money is more convenient for the existing financial and economic systems, which can be accurately characterized by the quantum macroeconomic theory in Ledenyov D O, Ledenyov V O (2015h) and the quantum microeconomics theory in Ledenyov D O, Ledenyov V O (2015j) instead of the classic macroeconomics and microeconomics theories. The authors think that the present transition to the quantum money (q-money) from the electronic money (e-money) in the finances can be conditionally compared with the present transition to the quantum devices (lasers, quantum random number generators, quantum computers) from the electronic devices (vacuum tubes, transistors, integrated circuits, analog computers, digital computers) in the electronics

Forecast in Capital Markets

In the Schumpeterian technical and social innovations disruption age, we firmly believe that a big number of unlimited opportunities toward a new era of the ultra high frequency electronic trading in the foreign currencies exchange markets is being created due to an increasing application of the computations processing in the range of ultra high frequencies in the modern finances. In this book, we would like to focus on the capital markets in the finances, discussing a number of scientific methods for an accurate forecast of the foreign currencies exchange rates oscillations dynamics during the ultra high frequency electronic trading in the foreign currencies exchange markets in the short and long time periods. More specifically, we would like to precisely characterize the foreign currencies exchange rates at the ultra high frequencies electronic trading in the foreign currencies exchange markets in the short and long time periods, using the mathematical, financial, electronic and quantum analysis methods. In addition, we would like to propose the quantum winning virtuous strategies creation algorithm with the inductive, deductive, abductive and quantum logics to earn an increasing return premium during the ultra high frequencies electronic trading in the foreign currencies exchange markets in the short and long time periods

Forecast in Capital Markets

In the Schumpeterian technical and social innovations disruption age, we firmly believe that a big number of unlimited opportunities toward a new era of the ultra high frequency electronic trading in the foreign currencies exchange markets is being created due to an increasing application of the computations processing in the range of ultra high frequencies in the modern finances. In this book, we would like to focus on the capital markets in the finances, discussing a number of scientific methods for an accurate forecast of the foreign currencies exchange rates oscillations dynamics during the ultra high frequency electronic trading in the foreign currencies exchange markets in the short and long time periods. More specifically, we would like to precisely characterize the foreign currencies exchange rates at the ultra high frequencies electronic trading in the foreign currencies exchange markets in the short and long time periods, using the mathematical, financial, electronic and quantum analysis methods. In addition, we would like to propose the quantum winning virtuous strategies creation algorithm with the inductive, deductive, abductive and quantum logics to earn an increasing return premium during the ultra high frequencies electronic trading in the foreign currencies exchange markets in the short and long time periods

Investment in capital markets

Investment in Capital Markets creates a strategic vision on the financial capital investment in the capital markets with the aim to get an increased return premium in the short and long time periods. The book is written with a main goal to explain the pros and cons of the financial capital investment in the capital markets, discussing the sophisticated investment concepts and techniques in the simple understandable readable general format language. We would like to highlight the three interesting facts about the book: 1. It is centered on the consideration of the modern investment products, the investment vehicles and the investment mediums for the financial capital investment in the capital markets; 2. It is focused on the financial risk calculation and mitigation techniques for the financial capital investment in the financial capital markets. 3. It is aimed to describe the quantum winning virtuous investment strategies creation and execution techniques during the financial capital investment in the capital markets. The investors, financiers, economists, financial analysts, financial traders, financial advisers, lawmakers, policy analysts, subject experts, professors, and students will certainly enjoy a breathtaking splendid learning journey with the explained new ideas, established concepts and outlined future prospects toward the financial capital investment in the capital markets with the aim to get an increased return premium in the short and long time periods

Business Cycles in Economics

The business cycles are generated by the oscillating macro-/micro-/nano- economic output variables in the economy of the scale and the scope in the amplitude/frequency/phase/time domains in the economics. The accurate forward looking assumptions on the business cycles oscillation dynamics can optimize the financial capital investing and/or borrowing by the economic agents in the capital markets. The book's main objective is to study the business cycles in the economy of the scale and the scope, formulating the Ledenyov unified business cycles theory in the Ledenyov classic and quantum econodynamics

Supervision and Regulation of Network Banks

Public computer networks, in particular the Internet, have the potential to transform the financial services sector by providing a fast, cheap way to sell financial services. Low setup costs and the transnationality of the Internet could remove significant barriers to entry in the financial services industry. Cross-border provision of services and the high mobility of network banks could challenge the ability of national and international authorities to establish and enforce banking regulations. This paper considers the supervision and regulation of banks providing financial services on public computer networks for the mass retail market, i.e., deposit taking and lending of money on retail and small- and medium-size company markets

Supervision and Regulation of Network Banks (originally published in August 1997)

Public computer networks, in particular the Internet, have the potential to transform the financial services sector by providing a fast, cheap way to sell financial services. Low setup costs and the transnationality of the Internet could remove significant barriers to entry in the financial services industry. Cross-border provision of services and the high mobility of network banks could challenge the ability of national and international authorities to establish and enforce banking regulations. This paper considers the supervision and regulation of banks providing financial services on public computer networks for the mass retail market, i.e., deposit taking and lending of money on retail and small- and medium-size company markets