{"id":"https://openalex.org/W2944521097","doi":null,"title":"Digital Innovation, Data Revolution and Central Bank Digital Currency","display_name":"Digital Innovation, Data Revolution and Central Bank Digital Currency","publication_year":2019,"publication_date":"2019-01-01","ids":{"openalex":"https://openalex.org/W2944521097","mag":"2944521097"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:boj:bojwps:wp19e02","doi":null,"is_oa":false,"landing_page_url":"http://www.boj.or.jp/en/research/wps_rev/wps_2019/data/wp19e02.pdf","pdf_url":"http://www.boj.or.jp/en/research/wps_rev/wps_2019/data/wp19e02.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Noriyuki Yanagawa","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Noriyuki Yanagawa","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5033431204","display_name":"Hiromi Yamaoka","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Hiromi Yamaoka","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":22,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.600600004196167,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.600600004196167,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.18320000171661377,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.11789999902248383,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/central-bank-digital-currency","display_name":"central bank digital currency","score":0.9890000224113464},{"id":"https://openalex.org/keywords/digital-innovation","display_name":"digital innovation","score":0.9750000238418579},{"id":"https://openalex.org/keywords/cashless-payments","display_name":"cashless payments","score":0.9070000052452087},{"id":"https://openalex.org/keywords/crypto-assets","display_name":"crypto-assets","score":0.9290000200271606},{"id":"https://openalex.org/keywords/functions-of-money","display_name":"functions of money","score":0.8289999961853027},{"id":"https://openalex.org/keywords/payment-efficiency","display_name":"payment efficiency","score":0.9520000219345093},{"id":"https://openalex.org/keywords/monetary-policy-transmission","display_name":"monetary policy transmission","score":0.6769999861717224},{"id":"https://openalex.org/keywords/liquidity-crisis","display_name":"liquidity crisis","score":0.6549999713897705},{"id":"https://openalex.org/keywords/financial-intermediation","display_name":"financial intermediation","score":0.7590000033378601},{"id":"https://openalex.org/keywords/data-revolution","display_name":"data revolution","score":0.49300000071525574},{"id":"https://openalex.org/keywords/network-effects","display_name":"network effects","score":0.9309999942779541},{"id":"https://openalex.org/keywords/payment-infrastructure","display_name":"payment infrastructure","score":0.8489999771118164},{"id":"https://openalex.org/keywords/future-of-money","display_name":"future of money","score":0.7049999833106995}],"concepts":[{"id":"https://openalex.org/C48220719","wikidata":"https://www.wikidata.org/wiki/Q10836209","display_name":"Digital currency","level":3,"score":0.8296830654144287},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.6182313561439514},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.6079227924346924},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5743404626846313},{"id":"https://openalex.org/C2779143981","wikidata":"https://www.wikidata.org/wiki/Q1445414","display_name":"Intermediation","level":2,"score":0.571730375289917},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5314249992370605},{"id":"https://openalex.org/C47487560","wikidata":"https://www.wikidata.org/wiki/Q4112083","display_name":"Virtual currency","level":3,"score":0.4766857624053955},{"id":"https://openalex.org/C65146658","wikidata":"https://www.wikidata.org/wiki/Q1416431","display_name":"Financial intermediary","level":2,"score":0.4503615200519562},{"id":"https://openalex.org/C2777064627","wikidata":"https://www.wikidata.org/wiki/Q3151423","display_name":"Financial innovation","level":2,"score":0.44201499223709106},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43916356563568115},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4264361262321472},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.4149722456932068},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.3725261688232422},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3677012324333191},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.36721736192703247},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32330185174942017},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22554722428321838}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:boj:bojwps:wp19e02","doi":null,"is_oa":false,"landing_page_url":"http://www.boj.or.jp/en/research/wps_rev/wps_2019/data/wp19e02.pdf","pdf_url":"http://www.boj.or.jp/en/research/wps_rev/wps_2019/data/wp19e02.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:2944521097","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/boj/bojwps/wp19e02.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4313889344","https://openalex.org/W2347143350","https://openalex.org/W7113619841","https://openalex.org/W4285329264","https://openalex.org/W7163865170","https://openalex.org/W2980857564","https://openalex.org/W4406472295","https://openalex.org/W4401596294","https://openalex.org/W7112166596","https://openalex.org/W4313652021"],"abstract_inverted_index":{"Under":[0],"the":[1,12,57,88,124,138,150,194,206,229,246],"developments":[2],"of":[3,8,14,33,52,59,127,131,140,152,158,163,198,208,243,248,255,258],"digital":[4,23,41,69,85,104,201],"innovation,":[5],"global":[6],"expansion":[7],"cashless":[9],"payments":[10,174,184],"and":[11,123,154,180,196,228,245],"emergence":[13],"crypto-assets,":[15],"some":[16,75],"argue":[17],"that":[18,25,71],"central":[19,39,54,76,102,199],"banks":[20,77,117],"should":[21,83],"issue":[22,68,84],"currencies":[24,42,70,86,105,202],"can":[26,72],"be":[27],"used":[28],"by":[29],"ordinary":[30],"people":[31],"instead":[32],"paper-based":[34],"banknotes.":[35],"The":[36,99],"debates":[37,100],"on":[38,101,114,220,225,240],"bank":[40,103,200],"are":[43,78],"now":[44],"gathering":[45],"great":[46],"attention":[47],"from":[48],"worldwide.":[49],"Although":[50],"many":[51],"major":[53,256],"banks,":[55],"including":[56],"Bank":[58],"Japan,":[60],"do":[61],"not":[62,171,218],"have":[63,92,134],"an":[64],"immediate":[65],"plan":[66],"to":[67,165,183,192,213,236],"replace":[73],"banknotes,":[74],"seriously":[79],"considering":[80],"whether":[81],"they":[82],"in":[87],"near":[89],"future":[90,207],"or":[91],"already":[93],"issued":[94],"them":[95],"as":[96,110,142,144,185,187,203,205],"pilot":[97],"studies.":[98],"cover":[106],"broad":[107],"issues,":[108],"such":[109],"their":[111,215,238],"possible":[112,216],"impacts":[113,217,239],"payment":[115,221,259],"efficiency,":[116],"f":[118],"fund":[119],"intermediation,":[120],"liquidity":[121],"crises":[122],"transmission":[125],"mechanism":[126],"monetary":[128],"policy.":[129],"All":[130],"these":[132],"issues":[133],"important":[135,235],"implications":[136],"for":[137],"functions":[139,164,168],"money":[141,153,159],"well":[143,186,204],"its":[145],"future.":[146],"Digital":[147],"innovation":[148],"expands":[149],"possibility":[151],"enables":[155],"new":[156],"types":[157],"with":[160],"a":[161],"variety":[162],"emerge.":[166],"These":[167],"may":[169],"include":[170],"only":[172,219],"traditional":[173],"but":[175,223],"also":[176,224,234],"processing":[177],"various":[178],"information":[179],"data":[181,244],"attached":[182],"executing":[188],"transactions.":[189],"In":[190],"order":[191],"consider":[193],"pros":[195],"cons":[197],"money,":[209],"it":[210],"is":[211,233,253],"needed":[212],"assess":[214],"efficiency":[222],"financial":[226],"structure":[227],"overall":[230],"economy.":[231],"It":[232],"examine":[237],"effective":[241],"utilization":[242],"dynamics":[247],"gnetworks":[249],"externality":[250],"h,":[251],"which":[252],"one":[254],"characteristics":[257],"infrastructure.":[260]},"counts_by_year":[{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2019-05-16T00:00:00"}
