Governance in the era of Blockchain technology in Qatar: a roadmap and a manual for Trade Finance

نویسندگان

چکیده

Abstract Nations worldwide have sought to capitalize on the benefits of distributed ledger technology (DLT) including Blockchain, but struggled strike a balance between encouraging investment and innovation in while addressing challenges uncertainties through regulation. Through its FinTech (Financial Technology) Strategy, Qatar has embrace DLT, regulatory approach also remains cautious. Trade Finance is an ideal business process be disrupted DLT especially Blockchain technology, since processes remain antiquated, inefficient lack digitization. as form particularly offers not only more rapid, secure, cost-effective efficient procedures, importantly completely assures trust importers exporters removes requirement place such third-party intermediaries. can reap considerable economic enhancement regulations enabling adoption technology. As such, authors propose roadmap manual for governance ecosystem Qatar. The multi-layered regulation by (1) embracing international standards; (2) replicating foreign regional national rules that are appropriate innovative; (3) applying sandbox products services.

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ژورنال

عنوان ژورنال: Journal of Banking Regulation

سال: 2021

ISSN: ['1745-6452', '1750-2071']

DOI: https://doi.org/10.1057/s41261-021-00165-1