Cryptocurrencies for Smart Territories: an exploratory study

Abstract

The smart city debate will still be the scope of business, policy-making and territorial planning in the following years. Based on that, the paper aims to propose an interdisciplinary conceptualization of smart territories. The goal is to promote the contrary movement of megacities creation and also consolidate the geographical aspect of smartness. The concept was formulated based on the elements of sustainable territorial development, strategic spatial planning and smart governance. In addition, taking hand of a parallel literature review, the study explores the potential of creating complementary cryptocurrencies as a strategy of territorial planning. This term was built based on already existing complementary currency systems in distributed ledger technologies scope. The idea provided presents a great potential for poverty alleviation by bringing together financial and digital inclusion.