X-border Platforms: The Implications of Distributed Ledger Technology

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Distributed Ledger Technology (DLT) has been argued to play a vital role in facilitating cross-border payments and improving the financial ecosystem at a global scale. This research builds upon digital platform literature to frame cross-border payment organisations and uses a case study within the remittance industry to review the potential shapes of DLT within these platforms. Findings suggest that DLT can play a role at removing inefficiencies and promoting financial inclusion in developing countries by being used as a settlement mechanism, as a standardised communication channel and as a way for consolidating data located within the boundaries of different platforms. This study contributes to digital platform and DLT literature by suggesting three potential implications that this phenomenon can bring and their relevance to payment platforms.
Distributed Ledger Technology (DLT) has been argued to play a vital role in facilitating cross-border payments and improving the financial ecosystem at a global scale. This research builds upon digital platform literature to frame cross-border payment organisations and uses a case study within the remittance industry to review the potential shapes of DLT within these platforms. Findings suggest that DLT can play a role at removing inefficiencies and promoting financial inclusion in developing countries by being used as a settlement mechanism, as a standardised communication channel and as a way for consolidating data located within the boundaries of different platforms. This study contributes to digital platform and DLT literature by suggesting three potential implications that this phenomenon can bring and their relevance to payment platforms.

Conference

ConferenceThe 26th European Conference on Information Systems (ECIS) 2018
Number26
LocationUniversity of Portsmouth
CountryUnited Kingdom
CityPortsmouth
Period23/06/201828/06/2018
Internet address
SeriesProceedings of the European Conference on Information Systems
ISSN0000-0034

Keywords

  • Distributed ledger technology
  • Blockchain
  • Digital platforms
  • Cross-border payments
  • Developing countries

Cite this

Giraldo, J. (2018). X-border Platforms: The Implications of Distributed Ledger Technology. In ECIS 2018 Proceedings Atlanta, GA: Association for Information Systems. AIS Electronic Library (AISeL). Proceedings of the European Conference on Information Systems
Giraldo, Juan. / X-border Platforms : The Implications of Distributed Ledger Technology. ECIS 2018 Proceedings. Atlanta, GA : Association for Information Systems. AIS Electronic Library (AISeL), 2018. (Proceedings of the European Conference on Information Systems).
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Giraldo, J 2018, X-border Platforms: The Implications of Distributed Ledger Technology. in ECIS 2018 Proceedings. Association for Information Systems. AIS Electronic Library (AISeL), Atlanta, GA, Proceedings of the European Conference on Information Systems, Portsmouth, United Kingdom, 23/06/2018.

X-border Platforms : The Implications of Distributed Ledger Technology. / Giraldo, Juan.

ECIS 2018 Proceedings. Atlanta, GA : Association for Information Systems. AIS Electronic Library (AISeL), 2018.

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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Giraldo J. X-border Platforms: The Implications of Distributed Ledger Technology. In ECIS 2018 Proceedings. Atlanta, GA: Association for Information Systems. AIS Electronic Library (AISeL). 2018. (Proceedings of the European Conference on Information Systems).