Showing 1 - 10 of 25
The IS discourse on the potential of distributed ledger technology (DLT) in the financial services has grown at a tremendous pace in recent years. Yet, little has been said about the related implications for the costly and highly regulated process of compliance reporting. Working with a group of...
Persistent link: https://www.econbiz.de/10013405730
The promising markets for voluntary carbon credits are faced with crippling challenges to the certification of carbon sequestration and the lack of scalable market infrastructure in which companies and institutions can invest in carbon offsetting. This amounts to a funding problem for green...
Persistent link: https://www.econbiz.de/10014350926
While previously a nascent theoretical construct, decentralizedautonomous organizations (DAO) have grown rapidly in recent years. DAOstypically emerge around the management of decentralized financial applications(DeFi) and thus benefit from the rapid growth of innovation in this sector....
Persistent link: https://www.econbiz.de/10014077417
A new type of Automated Market Makers (AMMs) powered by Blockchain technology keep liquidity on-chain and offer transparent price mechanisms. This innovation is a significant step in the direction of building a more transparent and efficient financial market. This paper explores analytically...
Persistent link: https://www.econbiz.de/10012244633
The know-your-customer (KYC) due diligence process is outdated and generates costs of up to USD 500 million per year per bank. We propose a new system, based on distributed ledger technology (DLT) that reduces the costs of the core KYC verification process for financial institutions and improves...
Persistent link: https://www.econbiz.de/10012965687
Most portfolio selection rules based on the sample mean and covariance matrix perform poorly out-of-sample. Moreover, there is a growing body of evidence that such optimization rules are not able to beat simple rules of thumb, such as 1/N. Parameter uncertainty has been identified as one major...
Persistent link: https://www.econbiz.de/10012972280
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
A simple discrete-time financial market model is introduced. The market participants consist of a collection of noise traders as well as a distinguished agent who uses the price information as it arrives to update her demand for the assets. It is shown that the distinguished agent's demand...
Persistent link: https://www.econbiz.de/10013031059
We investigate financial contract management on distributed ledgers and provide a working solution implemented on the Ethereum block-chain. The system is based on a domain-specific language for financial contracts that is capable of expressing complex multi-party derivatives and is conducive to...
Persistent link: https://www.econbiz.de/10012902438
We present a compact model for blind multiparty verification of compilation results. By employing a simple incentive scheme, we construct a mechanism, staking a deposit value on the correctness of compiled and deployed byte code. A blind committee of peers evaluate the authenticity of the...
Persistent link: https://www.econbiz.de/10013236989