Independent Researcher, Founder and CEO, Fintracster Inc., Khulna, Bangladesh.
Email: romel.sharif@gmail.com (M.R.S.)
Manuscript received August 10, 2023; accepted September 5, 2023; published September 13, 2023.
Abstract—The Digital Bill Ecosystem presents a cutting-edge financial paradigm that merges the stability of precious metals with the revolutionary capabilities of blockchain technology. This ecosystem introduces the Digital Bill (DB), a digital currency backed by tangible assets such as gold, silver, and platinum, providing a secure and transparent medium of exchange. Employing tamper-proof consensus mechanisms and smart contracts, the DB ecosystem offers augmented security, transparency, and efficiency across various domains, including voting systems, financial transactions, and international trade. The redesigned barcode, QR code, and wallet within the DB ecosystem not only enhance the security and transparency of financial transactions but also offer a unique advantage to global citizens – the ability to avoid double taxation. Moreover, it empowers users, fosters financial inclusion, and unlocks opportunities for seamless innovation. This article delves into the intricacies of the Digital Bill Ecosystem, exploring its mechanisms, potential benefits, and the significance of leveraging blockchain and precious metals to redefine the global financial landscape.
Index Terms—Blockchain, crypto currency, digital bill, bill of exchange, barcode, QR code, wallet, ecosystem, international trade, avoiding double taxation, voting mechanism
Cite: Md Romel Sharif*, "The Digital Bill Ecosystem," International Journal of Blockchain Technologies and Applications vol. 1, no. 1, pp. 23-51
, 2023.
Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (
CC BY 4.0).
