Abstract
Appropriate provision of global public goods might be indispensable elements for global communities to be stable and sustainable. A series of global problems exhibits many confronting bottlenecks for the global public goods. The system of finance is focused significantly as the global public goods. This paper demonstrates that the crypto currency should displace the global public goods. We construct the theoretical framework of global finance reconstructed by innovation of blockchain technology and development of the decentralized currency. The reform of the financial system could provide more trust efficiently and appropriately for increasing demands by reducing transaction costs of finance.
