Major transformations in payment and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took
This report offers an analytical framework that allows for more systemic assessments of distributed ledger technology (DLT) and its applications. It examines th
This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introd
New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are
The post-trading industry is one in which financial firms make money and one in which risk issues need careful management. Reliable payment, clearing and settle