The economic value of blockchain applications: Early evidence from asset-backed securities
In this paper, we evaluate the economic value of a blockchain application. In the context of asset-backed securities (ABS) issuance in China, where some ABS are issued with blockchain technology and others are not, we find that the use of blockchain significantly reduces the coupon yield at issuance...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1968 https://ink.library.smu.edu.sg/context/soa_research/article/2995/viewcontent/SSRN_id4077443.pdf |
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| Institution: | Singapore Management University |
| Language: | English |