A proposal for a decentralized liquidity savings mechanism with side payments
In most countries, the central bank provides the medium to physically settle the smallest payments (cash) and the means to electronically settle the largest payments, which typically are wholesale payments between banks. For the latter purpose the central bank usually operates a system through which...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/4108 https://ink.library.smu.edu.sg/context/sis_research/article/5111/viewcontent/proposal_dlsms_r3.pdf |
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| Institution: | Singapore Management University |
| Language: | English |