Blockchain based application of a Central Bank's Balance Sheet (Blockchain Balance Sheet - BBS).

目前的研究着眼于创建定制的区块链架构，以表示和执行中央银行的资产负债表(BlockChain Asset Sheet-BBS)的功能。研究的目的是设计、构建和评估一个BBS的原型，该原型可用作早期检测(早期预警系统(EWS))、管理和缓解未来财政危机(财政QE)的非传统货币政策工具。目标通过现有的理论工作，研究和评估与将区块链技术用于银行业务以及中央银行的资产负债表应用于财政EWS和量化宽松有关的理论和实践；设计和构建BBS原型，该原型是为基于区块链的中央银行资产负债表的表示而定制的，用作建模和模拟的框架：在区块链兼容的环境中，为可用于有效的财政EWS和QE的相关数据挖掘和分析开发分析框架；设计和进行实验(通过建模和模拟)，用于理论综合和算法评估；思考有关央行资产负债表以及使用BBS的EWS和财政量化宽松有效性的研究结果和对分析的影响。该项目打算回答哪些问题？如何开发基于区块链的架构的新设计，该架构是为央行资产负债表(BBS)的功能定制的？如何创建一个有效的货币政策决策支持系统，利用基于BBS的数据挖掘和分析，以实现对未来财政冲击的及时反应？它的有效性是什么？这种非传统货币政策工具的新架构还有什么效用(如果有的话)？可以提供什么？什么证明了这种效用？在项目过程中将实施的新的物理科学/工程方法。学生将会做什么？目前的研究采用了“实证主义方法”、“设计科学研究”和“建模与仿真”相结合的方法。为了设计定制的BBS并确定使用BBS进行有效的财政EWS和量化宽松所需的变量，本研究应用了Hevner，A.R.等人在2004年概述的“启发式搜索技术”，其中使用启发式来找到“好的”设计解决方案。区块链架构将进行编码，利用现有的区块链实践，但根据央行资产负债表的需求进行定制：即为一组特定问题定制的人工制品，主要是动态信号提取和资金流分析，以确定央行政府账户未来潜在的财政赤字

Current research is looking at the creation of customised blockchain architecture to represent and perform functionality of a Central Bank's Balance Sheet (Blockchain Balance Sheet - BBS).The aim of the research is to design, build and evaluate a prototype of BBS, that could be utilised as unconventional monetary policy tool for early detection (Early Warning System (EWS)), management and mitigation of future fiscal crises (fiscal QE). ObjectivesInvestigate and evaluate theory and practice, through existing theoretical work, in relation to the utilisation of blockchain technology for banking business, and central bank's balance sheet application for fiscal EWS and QE;Design and build BBS prototype, that is customised for blockchain-based representation of the central bank's balance sheet to be used as a framework for modelling and simulation of:In a blockchain compatible environment develop an analytical framework for associated data mining and analytics that could be utilised for effective fiscal EWS and QE;Design and conduct experiments (through modelling and simulation) for theory synthesis and algorithm evaluation;Reflect on the findings and implications for analytics concerned for the central bank's balance sheet and effectiveness of EWS and fiscal QE using BBS.What questions does the project intend to answer?How to develop a new design of blockchain based architecture that is customised for functionality of a central bank's balance sheet (BBS)?How to create an effective monetary policy decisions support system, that utilises BBS-based data mining and analytics, to enable timely responses to future fiscal shocks?What demonstrates its effectiveness?What other utility (if any) does the new architecture of this unconventional monetary policy tool, can provide?What demonstrates that utility?The novel physical science/engineering methodology that will be carried out during the course of the project. What will the student be doing?Current study utilises combination of "Positivist Approach", "Design Science Research" and "Modelling and Simulation". In order to design customised BBS and identify variables that are required for effective fiscal EWS and QE using BBS, this study applies the "heuristic search technique", outlined by Hevner, A. R. et al., 2004, where the use of heuristic to find "good" design solutions. The blockchain architecture will be coded, utilising existing blockchain practices, but tailored to the needs of the central bank's balance sheet: i.e. an artefact that is custom-made for a specific set of problems, mainly dynamic signal extraction and funds flow analytics, to identify potential future fiscal deficit on the government accounts in the central bank