Issue of Securities through Blockchain Technology
International Journal of Advance and Innovative Research, Volume 6, Issue 3(I), pp. 19-22, Forthcoming
7 Pages Posted: 13 Aug 2019 Last revised: 13 Oct 2019
Date Written: August 10, 2019
Blockchain technology has become a buzz word in the financial market. The market of bitcoins and related instruments are being discussed and adopted. The use of blockchain technology has also started in the accounting. So it is pertinent to study the use of blockchain in the securities market. The recent issue of commercial paper through blockchain technology by Vedanta group is its beginning. Therefore this paper is an attempt to explore the possibility of the blockchain technology in the securities market and identifying possible barriers in adopting this technology. It explains the working of blockchain and how it will be used in the transfer of securities.
Keywords: Securities Market, Blockchain, Digital Signature Certificate
JEL Classification: G11, G30
Suggested Citation: Suggested Citation