Representing value as digital objects: a discussion of transferability and anonymity
Kahn, Robert E.~Lyons, Patrice A.
Copyright (c) 2001
Abstract: In this article, the use of "digital objects" to represent "value" in the network environment is discussed. Deeds of trust, mortgages, bills of lading and digital cash can all be represented as digital objects. The notion of "transferable records" structured as digital objects is introduced, along with references to its application in real financial situations. Anonymity reflects the desire of a holder of value to remain incognito, even in a formal information system, except as he or she wishes to be made known. The use of unique, persistent identifiers and a resolution mechanism to fashion such a capability is presented.