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VONEX: A novel approach to establishing open virtual money exchange regime
Angelina Chow; Jingzhi Guo
2009-11-30
Conference NameACM International Conference Proceeding Series
Source PublicationProceedings of the 11th International Conference on Electronic Commerce
Pages352-357
Conference DateAugust 12 - 15, 2009
Conference PlaceTaipei, Taiwan
Abstract

Establishing an open virtual money exchange regime is a novel idea but rarely discussed. This paper provides a pioneer research on virtual money exchange (VONEX) approach, aiming to facilitate the exchange of virtual currencies among a variety of heterogeneous virtual communities. It has defined the intrinsic value and exchangeable value of virtual currencies and suggested a redistribution strategy, constituting the theoretical foundation of the virtual exchange rate system, by which a novel VONEX exchange rate algorithm is derived. Further to the introduction of the algorithm, a proof is given to ensure its correctness. Copyright © 2009 ACM.

KeywordExchange Rate Payment Redistribution Virtual Exchange System Virtual Money Virtual Payment Virtual World Vonex
DOIhttp://doi.org/10.1145/1593254.1593311
URLView the original
Language英语
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Document TypeConference paper
CollectionDEPARTMENT OF COMPUTER AND INFORMATION SCIENCE
AffiliationDepartment of Computer and Information Science, University of Macau, Av. Padre Tomás, Pereira, S.J.
First Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Angelina Chow,Jingzhi Guo. VONEX: A novel approach to establishing open virtual money exchange regime[C],2009:352-357.
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