Search Results

SORT BY: PREVIOUS / NEXT
Keywords:settlement risk 

Report
Zero Settlement Risk Token Systems

How might modern settlement systems with distributed ledger technology achieve zero settlement risk? We consider the design of settlement systems that satisfies two integral features: information-leakage proof and zero settlement risk. Legacy settlement systems partition private information but are vulnerable to settlement fails. A token system with dynamic ownership representation, or a dynamic ledger, can be designed to achieve both, as long as it employs a protocol that enforces two restrictions: programs must be immediately implemented and must involve transactions based on verifiable ...
Staff Reports , Paper 1120

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

Report 1 items

FILTER BY Author

FILTER BY Jel Classification

D47 1 items

D86 1 items

G19 1 items

G29 1 items

FILTER BY Keywords

PREVIOUS / NEXT