東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Blockchain-based new financial infra...

Yao, Qian.

Linked to FindBook

Google Book

Amazon

博客來

Blockchain-based new financial infrastructures = theory, practice and regulation /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Blockchain-based new financial infrastructures/ by Qian YAO.
Reminder of title:	theory, practice and regulation /
Author:	Yao, Qian.
Published:	Singapore :Springer Nature Singapore : : 2022.,
Description:	xiv, 193 p. :ill., digital ;24 cm.
[NT 15003449]:	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.
Contained By:	Springer Nature eBook
Subject:	Blockchains (Databases) -
Online resource:	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 infrastructurestheory, practice and regulation /[electronic resource] :by Qian YAO. - Singapore :Springer Nature Singapore :2022. - xiv, 193 p. :ill., digital ;24 cm.

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:

3222206
Blockchains (Databases)

LC Class. No.: QA76.9.B56 / Y36 2022

Dewey Class. No.: 005.74

Blockchain-based new financial infrastructures = theory, practice and regulation /
LDR:03384nmm a2200325 a 4500 001 2304039
003 DE-He213
005 20220908093311.0
006 m d
007 cr nn 008maaau
008 230409s2022 si s 0 eng d
020 $a 9789811948435 $q (electronic bk.)
020 $a 9789811948428 $q (paper)
024 7 $a 10.1007/978-981-19-4843-5 $2 doi
035 $a 978-981-19-4843-5
040 $a GP $c GP
041 1 $a eng $h chi
050 4 $a QA76.9.B56 $b Y36 2022
072 7 $a KFFD $2 bicssc
072 7 $a BUS051000 $2 bisacsh
072 7 $a KFFD $2 thema
082 0 4 $a 005.74 $2 23
090 $a QA76.9.B56 $b Y25 2022
100 1 $a Yao, Qian. $3 3605913
245 1 0 $a Blockchain-based new financial infrastructures $h [electronic resource] : $b theory, practice and regulation / $c by Qian YAO.
260 $a Singapore : $b Springer Nature Singapore : $b Imprint: Springer, $c 2022.
300 $a xiv, 193 p. : $b ill., digital ; $c 24 cm.
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 0 $a Blockchains (Databases) $3 3222206
650 0 $a Finance $x Technological innovations. $3 3226828
650 1 4 $a Public Finance. $3 2181786
650 2 4 $a Blockchain. $3 3591823
650 2 4 $a Financial Technology and Innovation. $3 3591723
710 2 $a SpringerLink (Online service) $3 836513
773 0 $t Springer Nature eBook
856 4 0 $u https://doi.org/10.1007/978-981-19-4843-5
950 $a Economics and Finance (SpringerNature-41170)