Publication Type
Journal Article
Version
acceptedVersion
Publication Date
9-2022
Abstract
This article discusses the benefits of using blockchain in the context of asset-backed security (ABS) issuance: reducing information asymmetry between issuers and investors, reducing yield spread of ABS, disciplining credit rating agencies, increasing the quality of underlying assets, and reducing issuers’ risk exposure. Such benefits should apply to other blockchain applications in the world of finance.
Keywords
Blockchain, finance, asset-backed securities
Discipline
Accounting | Finance and Financial Management
Research Areas
Financial Intermediation and Information
Publication
World Financial Review
First Page
20
Last Page
23
ISSN
2059-6871
Publisher
EBR Media
Citation
CHENG, Qiang.
Uncovering the value of blockchain applications in the world of finance. (2022). World Financial Review. 20-23.
Available at: https://ink.library.smu.edu.sg/soa_research/2033
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.