Analysing blockchain/distributed ledger technology in capital markets and know your customer process

André Eduardo Demarco
Additional contact information
André Eduardo Demarco: MD of Compliance Products and Bidding Process, B3, Brazil

Journal of Securities Operations & Custody, 2019, vol. 12, issue 1, 58-71

Abstract: Distributed ledger technology (DLT) is attracting the attention of the financial sector, both owing to its use in transactions with cryptoassets and to the proliferation of initiatives that have the potential to increase the efficiency, transparency, speed and resilience of processes underlying financial transactions, such as the know your customer (KYC) process. This paper aims to introduce this technology by describing a series of basic issues surrounding it and attempting to identify the possible value proposition in using this technology. Additionally, it addresses possible applications in the financial sector and outlines some of the main challenges to capital markets, where trust and collaboration are the key of success.

Keywords: Delivering value; KYC process; automation; financial crime (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/5313/download/ (application/pdf)
https://hstalks.com/article/5313/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2019:v:12:i:1:p:58-71

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().