32/50 NEW YORK

Cash Block

In times where electronic transactions are exposed to hacking threats, new measures help to stay in control: New York’s federal reserve and credit services and specialists of cash publishing have developed a new way of merging physical and virtual money. Inspired by the coin movement, every bank note issued, has a counterpart in the blockchain. After issuing, physical notes have to be authored by the Array Note Authorizer. In that way the money flow can be tracked in cases of fraud. The notes are made of a secret material that can self destroy. If hashes in the chain get manipulated or the physical notes reach their expiry date they automatically decomposed and new notes get issued.
Year

2092

State

New York (NY)

Largest Industry (in 2010)

Federal Reserve and Credit Services

Legacy Industry (known for)

Publishing

Mission Cover Name

Rose

Invention

Array Note Authorizer

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