More blockchain technology and application classification:
Blockchain application blockchain development economic and financial business
Ethernet Square | Fabric | BCOS | cryptography | consensus algorithm | bitcoin | Other chain
Token Economy | Traditional Financial Scenarios | Decentralized Finance | Anti-counterfeiting Traceability | Data Sharing | Trusted Deposit
OTC derivatives trading
Blockchain and securitization can be perfectly combined. Putting securities on the blockchain is the first goal to confirm the rights, the second is tokenization, which divides assets into currencies, and the third is smart contract transactions. . Therefore, the use of smart contracts to issue securities ensures the non-replicability of securities assets, and can quickly complete transactions, clearing and settlement on the chain. At the same time, the authenticity of transaction data cannot be tampered with, effectively preventing credit risks. By establishing the highest authority supervisory node for the nodes in the blockchain, the supervisory agency can accurately and comprehensively grasp market and transaction information.
Securities issuance
Issuers, securities companies, accounting firms, law firms and other institutions as the main chain entities, upload a large amount of paper and digital data in the issuance process to the chain to achieve data transparency and traceability, which can enable project contractors and regulatory agencies People who need to inquire efficiently access and reuse data.
Securities trading
Through the four major institutions of securities commissioner, asset custodian, central bank, and central registry, a distributed ledger is established, which directly realizes peer-to-peer transactions, clearing and settlement without a third-party custodian. Transaction data is completely transparent and not tampered with, which can effectively curb illegal activities
Securities registration and custody
Securities custody is the custody of securities and funds. The ownership of each transaction and asset is accurately recorded on the blockchain, without the need for third-party registration and the participation of custodians.
ABS asset securitization
Upload the underlying asset information to the blockchain to improve transparency and achieve asset information transparency and accountability. Use the blockchain to store the original basic assets, use smart contracts to upload and screen to ensure the quality of the original asset data; use smart contracts to implement ABS key business processes and improve business efficiency; use smart contracts to implement supervision system construction; design smart contracts Templates support a variety of underlying basic assets and realize flexible business logic; build a common ABS information service platform among brokers to realize interconnection and data sharing.
Share registration
The equity of non-listed companies is usually issued and traded off-exchange, and the non-digital data generated during these processes is stored in the blockchain to achieve real-time delivery, prevent the risk of default, and facilitate supervision and reduce information asymmetry.
Compliance risk control
The central bank, the two sessions, the public security, the industry and commerce and other government regulatory agencies are moved from the entity to the blockchain to achieve coordinated and joint supervision across time and space, and multi-party online collaborative supervision. At the same time, open interfaces to access various licensed and unlicensed financial institutions and consumer organizations, supervise financial institutions to upload data and transaction operation information to the chain, and broadcast to the entire network after verification and confirmation by the main chain node of the regulatory authority. The regulatory policies and compliance guidelines of the regulatory agencies and the daily data of financial institutions are packaged and integrated on the chain to form independent nodes. Each node is heterogeneous and multi-active, forming an interactive structure of multi-party online and point-to-point interconnection. Through the bottom layer of the compliance blockchain and the contract application layer, compliance policies and corporate data can be flexibly invoked in real time. Companies can also view regulatory trends and compliance requirements in a timely manner, adjust their business in time according to compliance guidelines, and reduce operating risks and compliance costs .
Original link: Application of blockchain technology in the field of securities