Back to Search
Start Over
Analysis of Block Chain Applications in Asset Backed Securitization System.
- Source :
- Procedia Computer Science; 2024, Vol. 233, p147-153, 7p
- Publication Year :
- 2024
-
Abstract
- Blockchain is an emerging technology penetrating various real-time and sensitive domains including financial products. Block chain can deal with complex system of financial transactions with focus to provide security and integrity to both the parties with reliable flow of transactions and asset securitization. Block chain is a distributed technology providing a lot of benefits such as cryptic transactions, smart contracts, distributed ledger system along with decentralization, authentication, authorization, and immutability to enhance the efficiency of the financial system. In this paper, the existing solutions for asset-backed securitization in blockchain are analysed and reviewed to highlight the requirements for change in design and ideas for enterprise applicability of blockchain for asset securitization. Also, the benefits of blockchain to reduce the risk. [ABSTRACT FROM AUTHOR]
- Subjects :
- ASSET backed financing
BLOCKCHAINS
TECHNOLOGICAL innovations
Subjects
Details
- Language :
- English
- ISSN :
- 18770509
- Volume :
- 233
- Database :
- Supplemental Index
- Journal :
- Procedia Computer Science
- Publication Type :
- Academic Journal
- Accession number :
- 176500362
- Full Text :
- https://doi.org/10.1016/j.procs.2024.03.204