Distributed ledger technology for securities clearing and settlement: benefits, risks, and regulatory implications
Abstract This article outlines the benefits and risks of the distributed ledger technology (DLT) for the clearing and settlement of exchange-traded and OTC securities, followed by a description of the technology’s potential role for central counterparties and central securities depositories. Althoug...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
SpringerOpen
2020-02-01
|
Series: | Financial Innovation |
Subjects: | |
Online Access: | https://doi.org/10.1186/s40854-019-0169-6 |