noteerausvaluuttaan
Noteerausvaluuttaan, or "notational currency" in English, refers to a theoretical or abstract concept of a currency system that is not physically represented by coins or banknotes. Instead, it exists purely as a record or entry within a ledger, often a digital one. This concept is fundamental to understanding many modern forms of finance, including digital currencies and central bank digital currencies (CBDCs).
The essence of noteerausvaluuttaan lies in its dematerialized nature. Transactions are recorded as changes in account
The development of accounting systems and later, digital technologies, paved the way for the conceptualization and