Trade settlements

dc.coverageDOI: 10.1108/978-1-80455-320-620221020
dc.creatorBenedetti, Hugo
dc.creatorNikbakht, Ehsan
dc.creatorZukhubaia, Giga
dc.date2023
dc.date.accessioned2025-11-18T19:43:05Z
dc.date.available2025-11-18T19:43:05Z
dc.description<p>The current security trade settlement life cycle presents several inefficiencies derived from intermediaries involved in the transaction between buyers and sellers. This chapter examines distributed ledger technology (DLT), the underlying technology of all blockchain applications, including trade settlements. It also reviews the implications of using blockchain in trade settlements for cryptoassets. Emerging blockchain technology provides investors, exchanges, regulators, and countless potential intermediaries with the most up-to-date technology with the highest efficiency, transparency, credibility, and automation enabled by smart contracts. Smart contracts allow an ecosystem to manage the process of trade settlements starting from execution to clearing and then settlement. These contracts reduce reconciliation and recordkeeping costs and streamline repetitive processes present in today's trade settlement system. The chapter highlights the benefits of implementing DLT in financial markets globally in all trading aspects, including cryptoassets.</p>eng
dc.identifierhttps://investigadores.uandes.cl/en/publications/37a50da4-dcbc-4a76-8922-166fa7a6246e
dc.identifier.urihttps://repositorio.uandes.cl/handle/uandes/52688
dc.languageeng
dc.publisherEmerald Group Publishing Ltd.
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.sourceThe Emerald Handbook on Cryptoassets: Investment Opportunities and Challenges, p.309-325. Emerald Group Publishing Ltd.. [ISBN 9781804553213]
dc.subjectBlockchain
dc.subjectCryptoassets
dc.subjectDistributed ledger technology
dc.subjectEcosystem
dc.subjectSmart contracts
dc.subjectTrade settlements
dc.titleTrade settlementseng
dc.typeChaptereng
dc.typeCapítulospa
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