Search Results - subject:"Payment System"

Regulatory reforms and price heterogeneity in an OTC derivative market

Miyakawa, Daisuke; Oda, Takemasa; Sone, Taihei - 2023

Persistent link: https://www.econbiz.de/10014430501

Understanding DeFi through the lens of a production-network model

Chiu, Jonathan; Koeppl, Thorsten V.; Yu, Hanna; Zhang, … - 2023 - Last updated: August 15, 2023

Decentralized finance (DeFi) is composed of a variety of heterogeneous sectors that are interconnected through an input-output network of its tokens. We first use a panel data set to empirically document the evolution of the DeFi network across its different sectors. Instead of looking at the...

Persistent link: https://www.econbiz.de/10014456565

Anonymous credentials : secret-free and quantum-safe

Kazmi, Raza Ali; Minwalla, Cyrus - 2023 - Last updated: September 28, 2023

An anonymous credential mechanism is a set of protocols that allows users to obtain credentials from an organization and demonstrate ownership of these credentials without compromising users' privacy. In this work, we construct the first secret-free and quantum-safe credential mechanism. The...

Persistent link: https://www.econbiz.de/10014456631

13th T2S Harmonisation progress report : harmonisation of European securities settlement

European Central Bank; Advisory Group on Market … - 2023

This is the thirteenth progress report on the harmonisation of European securities settlement published by the Eurosystem's Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo). With the objective of further integrating European financial markets and in line with its...

Persistent link: https://www.econbiz.de/10015280435

Simulating intraday transactions in the Canadian retail batch system

Zhang, Nellie - 2023 - Last updated: January 4, 2023

This paper proposes a unique approach to simulate intraday transactions in the Canadian retail payments batch system. Such transactions are currently unobtainable. The simulation procedure, though demonstrated in the realm of payments systems, has tremendous potential for helping with...

Persistent link: https://www.econbiz.de/10013482526

Measuring the impact of a failing participant in payment systems

Heijmans, Ronald; Wendt, Froukelien - In: Latin American journal of central banking : LAJCB 4 (2023) 4, pp. 1-16

payment system network, combining liquidity risk (i.e. size of incoming and outgoing payments) and systemic impact or … interconnections between network participants in one approach. It is applied, as a proof of concept, to the TARGET2 payment system that … and central securities depositories are less critical to the payment system. Our findings can be used by (1) financial …

Persistent link: https://www.econbiz.de/10014496898