Distributed Ledger Technology and Secured Transactions : Note 3. Distributed Ledger Technology and Secured Transactions Framework

This Guidance Paper provides a primer on distributed ledger technology (DLT) and highlights the junctures at which this new technology meaningfully impacts secured transactions frameworks. The aim is to identify legal and regulatory hotspots, layin...

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Bibliographic Details
Main Author: World Bank
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/541741588053800973/Distributed-Ledger-Technology-and-Secured-Transactions-Framework
http://hdl.handle.net/10986/34009
Description
Summary:This Guidance Paper provides a primer on distributed ledger technology (DLT) and highlights the junctures at which this new technology meaningfully impacts secured transactions frameworks. The aim is to identify legal and regulatory hotspots, laying the groundwork for their detailed and exhaustive analysis, which is carried out in the two companion papers (Collateral Registry, Secured Transactions Law and Practice in the Age of Distributed Ledger Technology and Regulatory Implications of Integrating Distributed Ledger Technology in Secured Transactions Frameworks).