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Scientific Article details

Title ICO as Crypto-Assets Manufacturing within a Smart City
ID_Doc 37246
Authors Cernisevs, O; Popova, Y
Title ICO as Crypto-Assets Manufacturing within a Smart City
Year 2023
Published Smart Cities, 6.0, 1
DOI 10.3390/smartcities6010003
Abstract The digitalization of the economy provokes the rethinking of manufacturing processes. Despite numerous publications related to Industry 4.0 as a manufacturing approach, the production of fully digital and crypto-asset products was poorly researched. Besides having a supplementary role, crypto-assets may form an entire smart city product. The authors assess the manufacturing of smart city products, fully or partially formed by crypto-assets. The initial issuance of the crypto assets was usually addressed as an Initial Coin Offer, or through the process of increasing the issuer's capital. The authors assess the Initial Coin Offer, and address it, like manufacturing to produce products for sale. The authors classify all milestones related to the crypto-assets' issuance, distribution, and revaluation, and assign incomes and expenses to each milestone. Additionally, the ICO-based production costs and revenues were classified according to crypto-asset types, as defined by European Economic Area legislative acts.
Author Keywords digitalization; crypto assets; financial services; fintech
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000939983100001
WoS Category Engineering, Electrical & Electronic; Urban Studies
Research Area Engineering; Urban Studies
PDF https://www.mdpi.com/2624-6511/6/1/3/pdf?version=1671788381
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