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| 02036nam 2200313zi 4500 |
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001 | 9.895993 |
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003 | CaOODSP |
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005 | 20221107174205 |
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006 | m o d f |
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007 | cr cn||||||||| |
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008 | 210201e20210128onca ob f000 0 eng d |
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040 | |aCaOODSP|beng|erda|cCaOODSP |
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086 | 1 |aFB3-5/2021-6E-PDF |
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100 | 1 |aKahn, Charles M., |eauthor. |
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245 | 10|aEggs in one basket : |bsecurity and convenience of digital currencies / |cby Charles M. Kahn, Francisco Rivadeneyra and Tsz-Nga Wong. |
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264 | 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |cJanuary 28, 2021. |
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264 | 4|c©2021 |
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300 | |a1 online resource (ii, 45 pages) : |billustrations (some colour) |
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336 | |atext|btxt|2rdacontent |
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337 | |acomputer|bc|2rdamedia |
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338 | |aonline resource|bcr|2rdacarrier |
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490 | 1 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2021-6 |
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504 | |aIncludes bibliographical references (pages 29-32). |
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520 | 3 |a"Digital currencies store balances in anonymous electronic addresses. We analyze the trade-offs between the safety and convenience of aggregating balances in addresses, electronic wallets and banks. In our model, agents balance the risk of theft of a large account with the cost to safeguarding a large number of passwords for many small accounts. Account custodians (banks, wallets and other payment service providers) have different objectives and trade-offs along these dimensions; we analyze the welfare effects of differing industry structures and interdependencies. In particular, we examine, the consequences of “password aggregation" programs, which, in effect, consolidate risks across accounts"--Abstract, page ii. |
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650 | 0|aDigital currency. |
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650 | 6|aMonnaie électronique. |
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710 | 2 |aBank of Canada, |eissuing body. |
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830 | #0|aStaff working paper (Bank of Canada)|v2021-6.|w(CaOODSP)9.806221 |
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856 | 40|qPDF|s835 KB|uhttps://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-6-eng.pdf |
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