Securities Tokenization: The Third Wave Of Financial Market Evolution -world Bank Bond-i Case Study-
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Date
2023-03-31
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جامعة الوادي - University of Eloued
Abstract
This research aims to study securities tokenization technology as the third wave of financial markets
development, with a review of the experience of the World Bank in the field of issuing i-bonds, using the
descriptive analytical approach. It was concluded that securities tokenization is an innovative technology in the
financial markets based on blockchain technology -whether the tokenization is off-chain or native in it- has
many advantages, such as increasing market liquidity, expanding the investor base, automating the life cycle of
securities, settlement and delivery of securities, publishing their prices in real time and reducing cost. The World
Bank's experience is considered the first and pioneering experience in this field, through the issuance of the first
tokenized bond in 2018, which achieved many advantages such as learning, efficiency, transparency and
auditing.
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مقال
Keywords
: Financial Markets ; Tokenization ; Securities Tokenization ; Bond-i ; World Bank. ; Financial Markets ; Tokenization ; Securities Tokenization ; Bond-i ; World Bank.
Citation
Babas، Mounira . Securities Tokenization: The Third Wave Of Financial Market Evolution -world Bank Bond-i Case Study-. مجلة إقتصاد المال والأعمال.مج 08. العدد01. 2023/03/31 . جامعة الوادي [اكتب تاريخ الاطلاع] متاح على الرابط [انسخ رابط التحميل]