Monetary obelisk

A monetary obelisk is a large computer bank that holds not only records of a company's finances, but the real digital currency rights to the amounts in those records. This is the cyberspace equivalent of having one's own vault. Because the rights to the digital currency exist in a bank owned by the company, a bank cannot freeze the assets or transfer them, nor can they be spent or redistributed by anyone not hardwired into the obelisk and possessing the recognized rights to modify obelisk stores.
The YUP and most other large companies have their own monetary obelisks. Most stock exchanges also keep their real digital currency in obelisk store houses, which are generally the highest security locations in the solar system.
See also Temp Chip and Monetary Implant.
Category:Technology