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Distributed Ledger Technology and Secured Transactions : Note 1. Collateral Registry, Secured Transactions Law and Practice.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Other papers.
World Bank e-Library.
Other Papers
Language:
English
Subjects (All):
Distributed Ledger Technology.
E-Finance and E-Security.
Finance and Financial Sector Development.
Financial Structures.
ICT Policy and Strategies.
Information and Communication Technologies.
Public Sector Development.
Local Subjects:
Distributed Ledger Technology.
E-Finance and E-Security.
Finance and Financial Sector Development.
Financial Structures.
ICT Policy and Strategies.
Information and Communication Technologies.
Public Sector Development.
Other Title:
Distributed Ledger Technology and Secured Transactions
Place of Publication:
Washington, D.C. : The World Bank, 2020.
System Details:
data file
Summary:
This Guidance Note examines the potential of Distributed Ledger Technology (DLT) within the context of the UNCITRAL Model Law on Secured Transactions. While this model is the primary reference, the Guidance Note also provides examples from domestic secured transactions frameworks, especially where the analysis leads to a different result. It examines these issues from different perspectives, including those of policy makers and legislators but also secured creditors and borrowers. It should be a useful tool not only for stakeholders in economies that contemplate undertaking secured transactions but also for those engaged in secured transactions where DLT plays some role, such as a loan applicant proposing to use as collateral her digital asset for which the secured transactions law does not contain any specific provisions.

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