Data Utilization of Digital Community Currency for Regional Economic Policy: Case of Tarca in Otaru, Hokkaido

Abstract

There has been an increased interest in digital community currencies (DCC) , that circulate within specific areas as a tool for revitalizing the local economy. The purpose of this study is to consider how regional economic policy can contribute to Fin-Tech and regional revitalization, by examining the methods of analysis and utilization of macro data, such as regional economic circulation rate with Regional Economic Society Analyzing System (RESAS), and micro data, such as user trends obtained through social experiments of DCC“TARCA,” which was introduced in Otaru, Hokkaido. Through these analyzes, we clarify the vision of regional economic policies and the possibibility of data unilization that transaction network analysis with CC transaction data can help establish a method for hypothesis testing.