Abstract
dc:description.abstractWholesale payment systems are vital financial market infrastructures that facilitate the movement of trillions of dollars annually. With the rising popularity of decentralized finance (DeFi) and blockchain technologies, there has been significant interest among central banks and financial institutions in incorporating elements of blockchain into wholesale payment systems. This thesis explores the role and value of blockchain in the context of wholesale payment systems. It aims to deliver practical and theoretical contributions relevant to policymakers and researchers, as wholesale payment systems transition into a new technological landscape driven by blockchain innovation.
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
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- KENNETH SEE DEHUI