Payment clearing and settlement systems - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:16:27+00:00Grasping De(centralized) Fi(nance) Through the Lens of Economic Theory
https://www.bankofcanada.ca/2022/10/staff-working-paper-2022-43/
We analyze the value proposition and limitations of decentralized finance (DeFi). Based on a distributed ledger and smart contracts, DeFi can guarantee the execution of financial contracts, potentially lowering the costs of intermediation and improving financial inclusion.2022-10-11T11:25:52+00:00enGrasping De(centralized) Fi(nance) Through the Lens of Economic Theory2022-10-11Digital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2022-43https://www.bankofcanada.ca/wp-content/uploads/2022/10/swp2022-43.pdfStaff Working Paper 2022-43Jonathan ChiuCharles M. KahnThorsten KoepplOctober 2022GG2