Trade settlements

Hugo Benedetti, Ehsan Nikbakht, Giga Zukhubaia

Producción científica: Capítulo del libro/informe/acta de congresoCapítulorevisión exhaustiva

1 Cita (Scopus)


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.

Idioma originalInglés
Título de la publicación alojadaThe Emerald Handbook on Cryptoassets
Subtítulo de la publicación alojadaInvestment Opportunities and Challenges
EditorialEmerald Group Publishing Ltd.
Número de páginas17
ISBN (versión digital)9781804553206
ISBN (versión impresa)9781804553213
EstadoPublicada - 16 ene. 2023

Nota bibliográfica

Publisher Copyright:
© 2023 by Emerald Publishing Limited. All rights reserved.


Profundice en los temas de investigación de 'Trade settlements'. En conjunto forman una huella única.

Citar esto