2 research outputs found
Decentralized Token Economy Theory (DeTEcT)
This paper presents a pioneering approach for simulation of economic
activity, policy implementation, and pricing of goods in token economies. The
paper proposes a formal analysis framework for wealth distribution analysis and
simulation of interactions between economic participants in an economy. Using
this framework, we define a mechanism for identifying prices that achieve the
desired wealth distribution according to some metric, and stability of economic
dynamics. The motivation to study tokenomics theory is the increasing use of
tokenization, specifically in financial infrastructures, where designing token
economies is in the forefront. Tokenomics theory establishes a quantitative
framework for wealth distribution amongst economic participants and implements
the algorithmic regulatory controls mechanism that reacts to changes in
economic conditions.\par In our framework, we introduce a concept of tokenomic
taxonomy where agents in the economy are categorized into agent types and
interactions between them. This novel approach is motivated by having a
generalized model of the macroeconomy with controls being implemented through
interactions and policies. The existence of such controls allows us to measure
and readjust the wealth dynamics in the economy to suit the desired objectives.Comment: 24 pages, 5 figures, 8 table
The Future of Cybercrime: AI and Emerging Technologies Are Creating a Cybercrime Tsunami
This paper reviews the impact of AI and emerging technologies on the future of cybercrime and the necessary strategies to combat it effectively. Society faces a pressing challenge as cybercrime proliferates through AI and emerging technologies. At the same time, law enforcement and regulators struggle to keep it up. Our primary challenge is raising awareness as cybercrime operates within a distinct criminal ecosystem. We explore the hijacking of emerging technologies by criminals (CrimeTech) and their use in illicit activities, along with the tools and processes (InfoSec) to protect against future cybercrime. We also explore the role of AI and emerging technologies (DeepTech) in supporting law enforcement, regulation, and legal services (LawTech)