Blockchain Applicability for Securities Settlement

BIR-WS 2021: BIR 2021 Workshops and Doctoral Consortium: Joint Proceedings of the BIR 2021 Workshops and Doctoral Consortium co-located with 20th International Conference on Perspectives in Business Informatics Research (BIR 2021). CEUR Workshop Proceedings. Vol.2991 2021
Janis Bauvars, Mārīte Kirikova

Blockchain technology has been recognized as one of the potential technologies to be utilized in capital markets. The goal of this paper is to evaluate the applicability of using the blockchain technology in securities settlement process. First, current financial market infrastructure is examined. Then Central Securities Depositories Regulation is studied. Blockchain applicability framework is applied to assess the blockchain technology’s applicability to securities settlement. A blockchain architecture model and potential node structure for securities settlement are developed. The proposed blockchain architecture model and node structure is then evaluated against scholar expected benefits and drawbacks of using blockchain for securities settlement and cross-border settlement efficiency.

Keywords
Blockchain, Securities Settlement, Financial Markets
Hyperlink
http://ceur-ws.org/Vol-2991/paper10.pdf

Bauvars, J., Kirikova, M. Blockchain Applicability for Securities Settlement. In: BIR-WS 2021: BIR 2021 Workshops and Doctoral Consortium: Joint Proceedings of the BIR 2021 Workshops and Doctoral Consortium co-located with 20th International Conference on Perspectives in Business Informatics Research (BIR 2021). CEUR Workshop Proceedings. Vol.2991, Austria, Vienna, 22-22 September, 2021. Aachen: RWTH, 2021, pp.113-127. ISSN 1613-0073.

Publication language
English (en)