臺灣博碩士論文加值系統

面對數位貨幣近年來不斷地發展，貨幣與支付形態不斷推陳出新，其速度極其驚人。從早期之商品貨幣（Commodity Money），陸陸續續演變至目前由央行發行的實體通貨，期間花了數千年。惟至1980年代晚期起，隨著金融科技之發展，電子貨幣交易機制因應而生，遂發展出電子貨幣（E-money），隨後至2009年，爆發全球金融危機之後，去中心化（Decentralized）的加密數位貨幣，例如比特幣（Bitcoin）等的支付機制，在短短不到十年之間，如雨後春筍般不斷冒出，其發展速度與多元性超乎了所有各界的想像，如今約有逾1,600種，估計總值約數千億美元的數位貨幣（Digital Currency）流通於市場，衍生成全球金融市場另一股新的潮流。
本研究藉由探討遊戲市場發展現況及趨勢、數位貨幣之定義及分類、加密數位貨幣替代法定貨幣之可行性及各國數位貨幣監管政策主要進展，透過和個案集團經營者及該領域的專家學者進行深度訪談，以個案方式分析遊戲業者發行加密數位貨幣可行性之評估，並據以提出建議，期待這些結果可做為個案集團發展策略藍圖及後續長期發展的一個參考標的。
本研究得出下列發現：只要能掌握區塊鏈技術，發行加密數位貨幣不算太困難的事，因各國政府對加密數位貨幣的法令及法規亦趨嚴格，故設計初期即要考慮合法、合規，資訊安全防護機制也必須審慎看待及妥善規劃。最後，需要認真且深切地思考的重點：利用區塊鏈技術及加密數位貨幣科技來創造一個新的商業模式及生態系，如何運作此一商業模式及生態系讓其長久維持下去。因此，本論文對個案集團或遊戲產業之實務具有參考價值。

In order to face the continuous development of cryptocurrency in recent years, the currency and transaction patterns continue to evolve, at the same time, variating rate already amazed the world. In the early commodity currencies evolved to the current physical currency which called fiat money issued by the central bank nowadays, took thousands of years. However, since the late 1980s, following the development of financial technology, the electronic currency trading mechanism was born, and e-money was developed. After in 2009 the global financial crisis broke out, decentralized encrypted digital currency, such as bitcoin has been growing in less than a decade, and its growth rate and diversity are beyond the imagination of all kinds of prospect. More than 1,600 kinds of digital currencies with an estimated total value of hundreds of billions dollars are circulating in the market, which has become another new trend in the global financial market.

This study explores the current state and trends of the game market, the definition and classification of digital currencies, the feasibility of replacing legal currencies (fiat money) with digital currency and the major progress of digital currency regulatory policies in various countries. Through case group operators and experts in the field. In-depth interviews provide a case-by-case analysis of the assessment of the viability of game operators in the issuance of encrypted digital currency and make recommendations based on them. These results are expected to serve as a reference for the development strategy blueprint for the case group and its subsequent long-term development.

This study has found the pattern list as following: As long as the blockchain technology can be mastered, it can be considered easy to issue encrypted digital currency. Because governments have stricter laws and regulations on encrypting digital currency, legal consideration should be considered at the initial stage of design. Regulations and information security mechanisms must also be reviewed with properly planned. Finally, the focus and intensive thinking is to use blockchain technology and encrypted digital currency technology to create a new business model and ecosystem, and how to operate and sustain it. Therefore, this paper has reference value for the practice of case group or game industry.

摘要 i
Abstract ii
目次 iii
表目次 iv
圖目次 v
第一章 緒論 1
第一節 研究背景及動機 1
第二節 研究對象及範圍 4
第三節 研究目的 5
第四節 研究流程 5
第二章 文獻或報導探討 6
第一節 遊戲市場發展現況及趨勢 6
第二節 數位貨幣之定義與分類 13
第三節 加密數位貨幣替代法定貨幣之可行性 19
第四節 各國數位貨幣監管政策主要進展 23
第五節 小結 33
第三章 研究方法 34
第一節 研究架構 34
第二節 研究工具 35
第四章 可行性之分析與評估 39
第一節 個案集團簡介 39
第二節 訪談資料重點彙整 41
第三節 綜合評述 46
第五章 結論與建議 48
第一節 研究結論 48
第二節 研究建議 49
參考書目 50
一、中文部分 50
二、西文部分 51

一、中文部分
中央銀行 (2016)。3月24日央行理監事會後記者會參考資料。上網日期：2019年1月6日，檢自https://www.cbc.gov.tw/public/Attachment/632510582671.pdf。

宋序國 (2017)，數位貨幣對貨幣政策的影響，國立交通大學資訊管理與財務金融學系財務金融碩士班碩士論文

林奕伶譯，Paul Vigna, Michael J. Casey著 (2018)。虛擬貨幣革命：區塊鏈科技，物聯網經濟，去中心化金融系統挑戰全球經濟秩序。新北市：大牌。

周海濤、李永賢、張蘅譯，Robert K. Yin著 (2009)。個案研究：設計與方法。台北市：五南。

袁方、林萬億 (2002)。社會研究方法，台北市：五南。

黃瑩 (2008)。論中國網路遊戲運營商贏利模式的研究和創新。現代商貿工業，20(5)，314。

黃煜文、林麗雪譯，Edward Castronova著 (2017)。虛擬貨幣經濟學：從線上寶物、紅利點數、比特幣到支付系統，數十億人都能從中獲利的新興經濟趨勢。新北市：野人。

陳南光 (2018)。數位貨幣的總體經濟分析。上網日期：2019年1月6日，檢自https://www.cbc.gov.tw/public/Attachment/831310221571.pdf。

陳萬淇 (1995)。個案研究法。台北市：華泰。

畢恆達 (1996)。詮釋學與質性研究。載於胡幼慧(主編)，質性研究：理論、方法及本土女性研究實例(27-45頁)。新台市：巨流。

【網路資源】
Blockcast.it (2019)。分析整理：各國對加密貨幣的監管現況。上網日期：2019年1月9日，檢自https://blockcast.it/2019/01/29/regulation-on-crypto-by-different-countries-as-at-jan-2019/

Medium (2018)。區塊鏈能為遊戲帶來什麼改變？上網日期：2019年1月5日，檢自https://medium.com/lootex/what-changes-blockchain-may-bring-to-gaming-ec7f89764bed。

Medium (2018)。第三方支付、電子支付、行動支付、電子貨幣、虛擬通貨、加密貨幣和其衍生之通證(token)概念解析 ─ 七個願望一次滿足。上網日期：2019年1月6日，檢自https://medium.com/@jason80122/第三方支付-電子支付-行動支付-電子貨幣-遊戲幣-加密貨幣和其衍生之通證-token-概念解析-七個願望一次滿足-f3acc259bb15。

泰德陽光集團 (2018)。傳統遊戲轉型潮來襲！區塊鏈遊戲發展現況與未來策略。上網日期：2019年1月5日，檢自https://medium.com/tideisun/傳統遊戲轉型潮來襲-區塊鏈遊戲發展現況與未來策略-35aa73bbb037

鉅亨網 (2018)。fintech生態圈-虛擬貨幣取代法幣-央行總裁楊金龍不看好。上網日期：2019年1月8日，檢自https://tw.news.yahoo.com/fintech生態圈-虛擬貨幣取代法幣-央行總裁楊金龍不看好-023009192.html

聯合新聞網 (2018)。打不贏就加入他 法定數位貨幣再等等。上網日期：2019年1月8日，檢自https://udn.com/news/story/6897/3102745

騰訊遊戲學院 (2015)。【入門】遊戲運營不完全手冊。上網日期：2019年1月5日，檢自https://gameinstitute.qq.com/community/detail/101781

二、西文部分
BIS. (2017). Bank for International Settlements, ' International banking and financial market developments '. January 6, 2019. Retrieved from https://www.bis.org/publ/qtrpdf/r_qt1709.pdf.

Barrdear, J., & Kumhof, M. (2016). The Macroeconomics of Central Bank Issued Digital Currencies. Staff Working Paper No. 605.

Bloomberg. (2018). What the World’s Governments Are Saying About Cryptocurrencies. Retrieved January 9, 2019, from https://www.bloomberg.com/news/articles/2018-03-26/what-the-world-s-governments-are-saying-about-cryptocurrencies.

CCN. (2018).10 Takeaways: A Cryptocurrency Summary from G20. Retrieved January 9, 2019, from https://www.ccn.com/g20-an-sumary-with-10-topics/.

Cointelegraph. (2019). Chilean central bank cryptocurrencies are unable to substitute fiat money. Retrieved February 23, 2019, from https://cointelegraph.com/news/chilean-central-bank-cryptocurrencies-are-unable-to-substitute-fiat-money.

Cointelegraph. (2018). US congress hearing central bank digital currency one of the worst financial ideas Retrieved January 8, 2019, from https://cointelegraph.com/news/us-congress-hearing-central-bank-digital-currency-one-of-the-worst-financial-ideas.

IMF. (2016). Virtual Currencies and Beyond : Initial Considerations. IMF Staff Discussion Note. January 6, 2019. Retrieved from https://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf.

IMF. (2018). Virtual Currencies and Beyond : Initial Considerations. IMF Staff Discussion Note. January 6, 2019. Retrieved from https://www.ccn.com/g20-an-sumary-with-10-topics/.

MIT Technology Review. (2017). Japanese Banks Are Planning to Launch J-Coin, a Digital Currency Meant to Kill Off Cash. Retrieved January 8, 2019, from https://www.technologyreview.com/f/608963/japanese-banks-are-planning-to-launch-j-coin-a-digital-currency-meant-to-kill-off-cash/.

Newzoo. (2018). Newzoo Cuts Global Games Forecast for 2018 to $134.9 Billion; Lower Mobile Growth Partially Offset by Very Strong Growth in Console Segment. Newzoo website. Retrieved January 5, 2019, from https://newzoo.com/insights/articles/newzoo-cuts-global-games-forecast-for-2018-to-134-9-billion/.

SFC H.K. (2018). Fintech: Meeting the regulatory challenges Keynote speech at Hong Kong FinTech Week 2018. Retrieved January 9, 2019, from https://www.sfc.hk/web/EN/files/ER/PDF/Speeches/Ashley%20HK%20FinTech%20Week.pdf.

Van Horn. (1973). Business Models for Electronic Markets, Electronic Markets. 8 (2), 3-8.