Distributed Ledger Technology
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Europe’s Tokenized Financial Markets Will Depend on Trust Frameworks, Not Anonymity
European financial markets are entering a structural transformation in which liquidity, settlement, collateral management, and credit distribution are increasingly migrating into programmable digital environments. Stablecoins, tokenized money market funds, tokenized sovereign debt instruments, and digitally transferable collateral are no longer speculative concepts confined to crypto-native ecosystems. They are emerging as components of institutional financial infrastructure. Read more
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The digital economy has become a central pillar of global commerce and finance over the past decade. Contracts are executed electronically, financial instruments circulate through digital platforms, and an increasing share of assets and legal rights now exist entirely in electronic form. Blockchain technology, distributed ledger technology (DLT), automated transactions, and smart contracts are no Read more
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Digital trade is evolving rapidly, and Distributed Ledger Technology (DLT) is increasingly presented as a solution for improving transparency, efficiency, and trust in commercial transactions. From trade documents and supply chains to payments and digital assets, DLT is often promoted as a transformative infrastructure for modern trade systems. However, technology alone does not create legal Read more
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Navigating the Legal Landscape of Distributed Ledger Technology in Trade: A UNCITRAL Perspective
The United Nations Commission on International Trade Law (UNCITRAL) has prepared a draft guidance document addressing the legal issues surrounding the use of distributed ledger technology (DLT) in international trade. This document, developed through several sessions of UNCITRAL, aims to provide commercial operators with a comprehensive overview of the legal considerations when implementing DLT in Read more
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On April 27, the National Internet Information Office released the “China Network Rule of Law Development Report (2024)”, the first comprehensive annual report on network rule of law at the national department level. This report serves as a continuation of the “30 Years of China’s Network Rule of Law” report and marks the beginning of Read more
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Driving the Future of Trade Finance: How Digital Standards are Paving the Way for Paperless Trade
At Sibos 2024 in Beijing, industry leaders convened to discuss the accelerating digitalisation of global trade. A notable session featured Ben Arber, CEO of Complidata, in conversation with Pamela Mar, Managing Director of the Digital Standards Initiative (DSI) at the International Chamber of Commerce (ICC). Their discussion centered on the transition to paperless trade finance Read more
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Cross-border Multimodal Digital Corridors for Regulatory-related Movements of Consignment Data and Consignment Status Information
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the Read more
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The Potential for EBSI to be Implemented as a Verifiable, Cross-Border Credentialing Framework within Canada
Watch this interview with Prof. Alex Grech from 3CL Foundation to delve deeper into EBSI-CAN and their nine-month journey with the NGI Sargasso funding program, and learn about their valuable experiences and insights. In the Transatlantic project, the 3CL Foundation, EBSI, and Verifiable Credentialing in Canada are investigating the potential for EBSI to be implemented Read more
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Digital Securities Sandbox (DSS)
The Digital Securities Sandbox (DSS) facilitates the use of developing technology such as distributed ledgers in the issuance, trading and settlement of securities in the UK. The DSS is a regulated live environment that has been created to explore how developing technologies could be used by firms to undertake the activities of notary, maintenance and settlement for financial securities either Read more
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White Paper Cross-Border Multimodal Digital Corridors for Regulatory-Related Movements of Consignment Data and Consignment Status Information for Trade Facilitation
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the Read more
