Impact of block chain technology implementation on the interbank loan market
The modern financial system is constantly evolving and is becoming more complex. In addition, there have been multiple advances in the field of financial technology. Block chain is one of the technology that is being discussed widely. This paper attempts to investigate the impacts on implementati...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
Nanyang Technological University
2020
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| Online Access: | https://hdl.handle.net/10356/136735 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The modern financial system is constantly evolving and is becoming more complex. In addition,
there have been multiple advances in the field of financial technology. Block chain is one of the
technology that is being discussed widely. This paper attempts to investigate the impacts on
implementation of block chain technology on the financial system. Netlogo was used in the
implementation of agent-based models on the interbank loan market. Four different scenarios
representing different rules affecting the loan mechanism were studied. The study found that
the different scenarios did not differ by much from each other. Which led to the conclusion
that implementation of block chain technology did not alter the robustness of the system by
much. However, there were limitations to this study as a result of simplifying the model for
efficiency in computation. Additional work will need to be done to accurately reflect the real world situation. |
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