Blockchain-based approaches to the issue of de-risking
Material type:
TextPublication details: 2017Action note: - 8/15/18 SANDRAW
| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
| Analytic | CARICOM Documentation Centre | Serial (Browse shelf(Opens below)) | Available | 0000000031932 |
Posits that blockchain technology appears to have the potential to address the problem of de-risking on two front: a) an appropriately designed blockchain-based settlement network could ease the process of moving funds internationally, by offering tools to improve surveillance of transactions; b) a blockchain-based network would offer Caribbean banks the opportunity to bypass correspondent banks altogether and so reduce transaction costs and increase efficiency.
8/15/18 SANDRAW
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