Blockchain-Based Cross-Border FMIs: Scenario of Depository Receipts
Qian Yao ()
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Qian Yao: Technology Supervision Bureau of the China Securities Regulatory Commission (CSRC)
Chapter Chapter 2 in Blockchain-based New Financial Infrastructures, 2022, pp 33-56 from Springer
Abstract:
Abstract Compared with traditional ledger technology, blockchain technology is difficult to forge, tamper-proof, efficient, traceable and easy to audit. It also guarantees the consistency of distributed ledgers using transaction signatures, consensus algorithms and cross-chain technology and automatically completes the reconciliation among ledgers, certificates and assets in real time.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-4843-5_2
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DOI: 10.1007/978-981-19-4843-5_2
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