Distributed ledger technology and digital assets : policy and regulatory challenges in Asia / Asian Development Bank.

Format:

Book

Author/Creator:

Asian Development Bank

Contributor:

Asian Development Bank, publisher.

Language:

English

Subjects (All):

Information technology--Asia.

Information technology.

Physical Description:

1 online resource (63 pages)

Edition:

1st ed.

Place of Publication:

Mandaluyong City, Philippines : Asian Development Bank, [2019]

Summary:

This report offers an analytical framework that allows for more systemic assessments of distributed ledger technology (DLT) and its applications. It examines the evolution and typology of the emergent technology, its existing and projected applications, and regulatory and policy issues that they entail. This report highlights the trends, concerns, and potential opportunities of DLTs, especially for Asian markets. It also identifies the benefits and risks to using DLT and offers a functional and proportional approach to these issues.

Contents:

Cover

Title

Copyright

Contents

Tables, Figures, and Box

Foreword

Acknowledgments

Abbreviations

Executive Summary

1. Introduction

2. Distributed Ledger Technology, Blockchain, and Applications

2.1 About Distributed Ledger Technology

2.2 Blockchain Technology and Applications

2.3 Technology Potential and Implications

3. Cryptoassets

3.1 Cryptoassets as Alternative Currencies

3.2 Bitcoin and Other Cryptoassets

3.3 Sovereign Digital Currencies

3.4 Benefits and Risks of Sovereign Digital Currencies

3.5 Legal and Regulatory Implications

4. Initial Coin Offerings and Tokenization

4.1 Typology

4.2 Initial Coin Offerings in Asia and Worldwide

4.3 Regulation of Initial Coin Offerings in Asia

5. Distributed Ledger Technology: Risks and Concerns

5.1 Transparency Risks

5.2 Cyber Risks

5.3 Operational Risks

5.4 Blockchain-Specific Risks

6. Policy Issues and Suggestions

6.1 International Regulatory Context

6.2 A Functional Proportional Approach Balancing Risks and Opportunities

6.3 Core Strategy and the Role of International Regulatory Cooperation

Appendixes

Appendix 1: Glossary of Terms

Appendix 2: Policy Approaches to Cryptoassets, Blockchain, and ICOs in Select Asian Economies

Appendix 3: Major Policy and Regulatory Events Concerning Cryptoassets and Initial Coin Offerings in Selected Asian Economies, end of October 2018

References.

Notes:

Description based on print version record.

ISBN:

9789292616472

9292616471