Want to reduce yield spread by 25 bps on ABS products. @BIS_org says to use blockchain.

16 Aug 2023, 14:36
Want to reduce yield spread by 25 bps on ABS products? @BIS_org says to use blockchain "Analysing approximately 5,000 ABS products issued between 2015 and 2020, we show that the adoption of blockchain technology indeed reduces the yield spread by approximately 25 basis points and that this benefit is heterogeneous across the different underlying asset classes and institutional arrangements. Our study is a timely response to such a call in that we empirically examine whether the adoption of blockchain technology is valuable in a trillion-dollar market, China’s emerging ABS market. We borrow insights from finance and economic sociology literatures and carefully develop hypotheses regarding the effect of blockchain adoption on ABS pricing."

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Polymesh
PolymeshPOLYX #223
Twitter
16 Aug 2023, 14:38
if you don't know what this means... it means it's hannenin
if you don't know what this means. it means it's hannenin.
if you don't know what this means... it means it's hannenin
Polymesh
PolymeshPOLYX #223
Twitter
16 Aug 2023, 14:37
Link to the @BIS_org paper:
Link to the @BIS_org paper:.
Link to the @BIS_org paper: https://t.co/I1zPlVcy9Z