Monographs/Information Papers
Published Date: 21 June 2023

Purpose Bound Money (PBM) Technical Whitepaper

This paper provides a technical overview to the concept of PBM, which enables money to be directed towards a specific purpose, without requiring money itself to be programmed. PBM features the use of a common protocol that is designed to work with different ledger technology and forms of money. With a standardised format, users will be able to access digital money using the wallet provider of their choice.