001449669 000__ 04149cam\a2200493\i\4500 001449669 001__ 1449669 001449669 003__ OCoLC 001449669 005__ 20230310004412.0 001449669 006__ m\\\\\o\\d\\\\\\\\ 001449669 007__ cr\cn\nnnunnun 001449669 008__ 220920s2022\\\\si\a\\\\o\\\\\000\0\eng\d 001449669 019__ $$a1344422494$$a1344541254 001449669 020__ $$a9789811948435$$q(electronic bk.) 001449669 020__ $$a9811948437$$q(electronic bk.) 001449669 020__ $$z9811948429 001449669 020__ $$z9789811948428 001449669 0247_ $$a10.1007/978-981-19-4843-5$$2doi 001449669 035__ $$aSP(OCoLC)1345257756 001449669 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dYDX$$dEBLCP$$dOCLCF$$dOCLCQ 001449669 0411_ $$aeng$$hchi 001449669 049__ $$aISEA 001449669 050_4 $$aQA76.9.B56 001449669 08204 $$a005.74$$223/eng/20220920 001449669 1001_ $$aYao, Qian. 001449669 24510 $$aBlockchain-based new financial infrastructures :$$btheory, practice and regulation /$$cQian Yao. 001449669 264_1 $$aSingapore :$$bSpringer,$$c2022. 001449669 300__ $$a1 online resource :$$billustrations (black and white, and color). 001449669 336__ $$atext$$btxt$$2rdacontent 001449669 337__ $$acomputer$$bc$$2rdamedia 001449669 338__ $$aonline resource$$bcr$$2rdacarrier 001449669 5050_ $$aEnvisaged Framework and Key Considerations, Name -- Blockchain-based Cross-border FMIs: In the Scenario of Depository Receipts -- Blockchain-based Exchange-traded Derivatives FMIs: In the Scenarios of Futures and Options -- Blockchain-based Over-the-Counter FMIs -- Blockchain-based OTC Derivatives FMI. 001449669 506__ $$aAccess limited to authorized users. 001449669 520__ $$aThis 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 Chinas 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. 001449669 588__ $$aDescription based on print version record. 001449669 650_0 $$aBlockchains (Databases) 001449669 650_0 $$aFinance$$xTechnological innovations. 001449669 655_0 $$aElectronic books. 001449669 77608 $$iPrint version:$$aQIAN, YAO.$$tBLOCKCHAIN-BASED NEW FINANCIAL INFRASTRUCTURES.$$d[Place of publication not identified] : SPRINGER VERLAG, SINGAPOR, 2022$$z9811948429$$w(OCoLC)1330406967 001449669 852__ $$bebk 001449669 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-981-19-4843-5$$zOnline Access$$91397441.1 001449669 909CO $$ooai:library.usi.edu:1449669$$pGLOBAL_SET 001449669 980__ $$aBIB 001449669 980__ $$aEBOOK 001449669 982__ $$aEbook 001449669 983__ $$aOnline 001449669 994__ $$a92$$bISE