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Journal of Complex Networks
Article . 2025 . Peer-reviewed
License: OUP Standard Publication Reuse
Data sources: Crossref
https://dx.doi.org/10.48550/ar...
Article . 2024
License: CC BY NC ND
Data sources: Datacite
DBLP
Article . 2025
Data sources: DBLP
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Topological components in a community currency network

Authors: Teodoro Criscione;

Topological components in a community currency network

Abstract

Abstract Transaction data from digital payment systems can be used to study economic processes in such detail that was not possible previously. Here, data from the Sarafu token network, a Community Inclusion Currency in Kenya, are analysed. During the Coronavirus Disease 2019 (COVID-19) emergency, Sarafu was distributed as part of a humanitarian aid project. In this work, the transactions are analysed using network science. A topological categorization is defined to identify cyclic and acyclic components. Furthermore, temporal aspects of the circulation that takes place within these components are considered. The significant presence of different types of strongly connected components compared to randomized null models shows the importance of cycles in this economic network. Especially, indicating their key role in currency recirculation. In some acyclic components, the most significant triad suggests the presence of a group of users collecting currency from accounts that are active only once, hinting at a possible misuse of the system. In some other acyclic components, small isolated groups of users were active only once, suggesting the presence of users only interested in trying the system out. The methods used in this article can answer specific questions related to user activities, currency design, and assessment of monetary interventions. The methodology provides a general quantitative tool to analyse the behaviour of users in a currency network.

Keywords

FOS: Economics and business, Physics - Physics and Society, General Economics (econ.GN), FOS: Physical sciences, Physics and Society (physics.soc-ph), Economics - General Economics

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green