Distributed Ledger Technology and Secured Transactions : Note 1. Collateral Registry, Secured Transactions Law and Practice
This Guidance Note examines the potential of Distributed Ledger Technology (DLT) within the context of the UNCITRAL Model Law on Secured Transactions. While this model is the primary reference, the Guidance Note also provides examples from domestic...
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/288371588055212339/Collateral-Registry-Secured-Transactions-Law-and-Practice http://hdl.handle.net/10986/34007 |
| Summary: | This Guidance Note examines the
potential of Distributed Ledger Technology (DLT) within the
context of the UNCITRAL Model Law on Secured Transactions.
While this model is the primary reference, the Guidance Note
also provides examples from domestic secured transactions
frameworks, especially where the analysis leads to a
different result. It examines these issues from different
perspectives, including those of policy makers and
legislators but also secured creditors and borrowers. It
should be a useful tool not only for stakeholders in
economies that contemplate undertaking secured transactions
but also for those engaged in secured transactions where DLT
plays some role, such as a loan applicant proposing to use
as collateral her digital asset for which the secured
transactions law does not contain any specific provisions. |
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