Search Results - subject:"Distributed Ledger"

Market Design with Blockchain Technology

Malinova, Katya - 2017

Blockchain or, more generally, distributed ledger technology allows to create a decentralized digital ledger of … intentions. We first identify two intrinsic features of a distributed ledger that impact the availability of these new options …

Persistent link: https://www.econbiz.de/10012969186

The Impact and Potential of Blockchain on the Securities Transaction Lifecycle

Mainelli, Michael - 2017

-trade processing and the provision of mutual distributed ledger services. The objective was to elicit and document views on three … research hypotheses about the potential impact of mutual distributed ledger technology (‘blockchain') on post-trade processing … global securities markets. These hypotheses are (a) on the appropriate access to mutual distributed ledger; (b) on whether …

Persistent link: https://www.econbiz.de/10012969330

Corporate Governance and Blockchains

Yermack, David L. - 2017

Blockchains represent a novel application of cryptography and information technology to age-old problems of financial record-keeping, and they may lead to far-reaching changes in corporate governance. During 2015 many major players in the financial industry began to invest in this new...

Persistent link: https://www.econbiz.de/10012970509

Crowdfunding Meets Blockchain

Sahdev, Navroop K. - 2017

industry, in particular, is preparing for the disruption blockchain/distributed ledger technology promises to cause. In the … point for both researchers and companies working on distributed ledger technology, ultimately, it would be a significant …

Persistent link: https://www.econbiz.de/10012946324

Monopoly Without a Monopolist : An Economic Analysis of the Bitcoin Payment System

Huberman, Gur - 2017

Owned by nobody and controlled by an almost immutable protocol the Bitcoin payment system is a platform with two main constituencies: users and profit seeking miners who maintain the system's infrastructure. The paper seeks to understand the economics of the system: How does the system raise...

Persistent link: https://www.econbiz.de/10012948371

The Economics of Distributed Ledger Technology for Securities Settlement

Benos, Evangelos - 2017

Distributed ledger technology (DLT) is a database architecture which enables the keeping and sharing of records in a …

Persistent link: https://www.econbiz.de/10012949334

The Economics of Distributed Ledger Technology for Securities Settlement

Benos, Evangelos - 2017

Distributed ledger technology (DLT) is a database architecture which enables the keeping and sharing of records in a …

Persistent link: https://www.econbiz.de/10012949363

The Use of Blockchain in Clearing and Settlement

Marechal, Baptiste - 2017

The aim of this paper is to prove that the Blockchain technology could be used to streamline transaction lifecycle, especially the clearing phase. The hypothesis made is that the potential changes induced by this disruptive technology are huge, but that a huge change in the process will not...

Persistent link: https://www.econbiz.de/10012949887

What Diplomacy in the Ancient near East Can Tell Us about Blockchain Technology

Berg, Chris - 2017

A blockchain is an institutional technology—a protocol—that allows for economic coordination between agents separated by boundaries of possible mistrust. Blockchains are not the only technology in history to have these characteristics. The paper looks at the role of the diplomatic protocol...

Persistent link: https://www.econbiz.de/10012950089

Timber Tracking : Reducing Complexity of Due Diligence by Using Blockchain Technology

Düdder, Boris - 2017

Managing and verifying forest products in a value chain is often reliant on easily manipulated document or digital tracking methods – Chain of Custody Systems. We aim to create a new means of tracking timber by developing a tamper proof digital system based on Blockchain technology. Blockchain...

Persistent link: https://www.econbiz.de/10012950237