語系:
繁體中文
English
說明(常見問題)
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
Blockchain-based New Financial Infrastructures = Theory, Practice and Regulation /
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Blockchain-based New Financial Infrastructures/ by Qian YAO.
其他題名:
Theory, Practice and Regulation /
作者:
YAO, Qian.
面頁冊數:
XIV, 193 p. 86 illus., 2 illus. in color.online resource. :
Contained By:
Springer Nature eBook
標題:
Financial Technology and Innovation. -
電子資源:
https://doi.org/10.1007/978-981-19-4843-5
ISBN:
9789811948435
Blockchain-based New Financial Infrastructures = Theory, Practice and Regulation /
YAO, Qian.
Blockchain-based New Financial Infrastructures
Theory, Practice and Regulation /[electronic resource] :by Qian YAO. - 1st ed. 2022. - XIV, 193 p. 86 illus., 2 illus. in color.online resource.
Envisaged Framework and Key Considerations, Name -- Blockchain-based Cross-border FMIs: In the Scenario of Depository Receipts -- Blockchain-based Exchange-traded Derivatives FMIs: In the Scenarios of Futures and Options -- Blockchain-based Over-the-Counter FMIs -- Blockchain-based OTC Derivatives FMI.
This book focuses on development of blockchain-based new-generation financial infrastructures, in which a systematic, complete theoretical framework is proposed to explore blockchain-based securities trading platform, central securities depository (CSD), securities settlement system (SSS), central counterparty (CCP), payment system (PS) and trade repository (TR). The blockchain-based new FMI has attracted much attention in the securities industry. At present, the cross-border depository receipt (DR) business faces a dilemma between efficiency and security. In this book, the author proposes a blockchain-based new DR solution, manifesting the potential for using blockchain technology in the FMI field. In addition, using Hashed Timelock Contract (HTLC) as the underlying technology in the DR scenario, specific process and operations are proposed for delivery versus payment (DvP), delivery versus delivery (DvD) or payment versus payment (PvP) and other exchange-of-value methods. This book further studies how to carry out opening positions, end-of-day settlement of margin, forced liquidation and settlement at maturity, for exchange-traded derivatives, such as futures and options, under the blockchain-based technological framework. Blockchain technology not only naturally fits into the decentralized or non-centralized characteristic of the OTC market but also can effectively address the pain points and difficulties of the OTC market. This book provides an in-depth analysis of existing specific issues in China’s bond market, regional equity markets and asset management market, among other OTC markets, and proposes relevant blockchain-based solutions. Blockchain technology does not change the public policy objectives for FMI. The blockchain-based new FMIs are still subject to compliance, safety and efficiency requirements. This book provides a comprehensive assessment of the applicability of the Principles for Financial Market Infrastructures (PFMI) to them, in particular, analyzes their legal basis, off-chain governance and system security.
ISBN: 9789811948435
Standard No.: 10.1007/978-981-19-4843-5doiSubjects--Topical Terms:
1388433
Financial Technology and Innovation.
LC Class. No.: HJ9-9940
Dewey Class. No.: 336
Blockchain-based New Financial Infrastructures = Theory, Practice and Regulation /
LDR
:03741nam a22003975i 4500
001
1082981
003
DE-He213
005
20220908093311.0
007
cr nn 008mamaa
008
221228s2022 si | s |||| 0|eng d
020
$a
9789811948435
$9
978-981-19-4843-5
024
7
$a
10.1007/978-981-19-4843-5
$2
doi
035
$a
978-981-19-4843-5
050
4
$a
HJ9-9940
072
7
$a
KFFD
$2
bicssc
072
7
$a
BUS051000
$2
bisacsh
072
7
$a
KFFD
$2
thema
082
0 4
$a
336
$2
23
100
1
$a
YAO, Qian.
$e
author.
$4
aut
$4
http://id.loc.gov/vocabulary/relators/aut
$3
1388843
245
1 0
$a
Blockchain-based New Financial Infrastructures
$h
[electronic resource] :
$b
Theory, Practice and Regulation /
$c
by Qian YAO.
250
$a
1st ed. 2022.
264
1
$a
Singapore :
$b
Springer Nature Singapore :
$b
Imprint: Springer,
$c
2022.
300
$a
XIV, 193 p. 86 illus., 2 illus. in color.
$b
online resource.
336
$a
text
$b
txt
$2
rdacontent
337
$a
computer
$b
c
$2
rdamedia
338
$a
online resource
$b
cr
$2
rdacarrier
347
$a
text file
$b
PDF
$2
rda
505
0
$a
Envisaged Framework and Key Considerations, Name -- Blockchain-based Cross-border FMIs: In the Scenario of Depository Receipts -- Blockchain-based Exchange-traded Derivatives FMIs: In the Scenarios of Futures and Options -- Blockchain-based Over-the-Counter FMIs -- Blockchain-based OTC Derivatives FMI.
520
$a
This book focuses on development of blockchain-based new-generation financial infrastructures, in which a systematic, complete theoretical framework is proposed to explore blockchain-based securities trading platform, central securities depository (CSD), securities settlement system (SSS), central counterparty (CCP), payment system (PS) and trade repository (TR). The blockchain-based new FMI has attracted much attention in the securities industry. At present, the cross-border depository receipt (DR) business faces a dilemma between efficiency and security. In this book, the author proposes a blockchain-based new DR solution, manifesting the potential for using blockchain technology in the FMI field. In addition, using Hashed Timelock Contract (HTLC) as the underlying technology in the DR scenario, specific process and operations are proposed for delivery versus payment (DvP), delivery versus delivery (DvD) or payment versus payment (PvP) and other exchange-of-value methods. This book further studies how to carry out opening positions, end-of-day settlement of margin, forced liquidation and settlement at maturity, for exchange-traded derivatives, such as futures and options, under the blockchain-based technological framework. Blockchain technology not only naturally fits into the decentralized or non-centralized characteristic of the OTC market but also can effectively address the pain points and difficulties of the OTC market. This book provides an in-depth analysis of existing specific issues in China’s bond market, regional equity markets and asset management market, among other OTC markets, and proposes relevant blockchain-based solutions. Blockchain technology does not change the public policy objectives for FMI. The blockchain-based new FMIs are still subject to compliance, safety and efficiency requirements. This book provides a comprehensive assessment of the applicability of the Principles for Financial Market Infrastructures (PFMI) to them, in particular, analyzes their legal basis, off-chain governance and system security.
650
2 4
$a
Financial Technology and Innovation.
$3
1388433
650
2 4
$a
Blockchain.
$3
1387659
650
1 4
$a
Public Finance.
$3
1104728
650
0
$a
Financial engineering.
$3
591542
650
0
$a
Blockchains (Databases).
$3
1372176
650
0
$a
Finance, Public.
$3
556260
710
2
$a
SpringerLink (Online service)
$3
593884
773
0
$t
Springer Nature eBook
776
0 8
$i
Printed edition:
$z
9789811948428
776
0 8
$i
Printed edition:
$z
9789811948442
776
0 8
$i
Printed edition:
$z
9789811948459
856
4 0
$u
https://doi.org/10.1007/978-981-19-4843-5
912
$a
ZDB-2-ECF
912
$a
ZDB-2-SXEF
950
$a
Economics and Finance (SpringerNature-41170)
950
$a
Economics and Finance (R0) (SpringerNature-43720)
筆 0 讀者評論
多媒體
評論
新增評論
分享你的心得
Export
取書館別
處理中
...
變更密碼[密碼必須為2種組合(英文和數字)及長度為10碼以上]
登入