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.
Original language | English |
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Title of host publication | ECIS 2018 Proceedings |
Number of pages | 16 |
Place of Publication | Atlanta, GA |
Publisher | Association for Information Systems. AIS Electronic Library (AISeL) |
Publication date | 2018 |
Publication status | Published - 2018 |
Event | 26th European Conference on Information Systems, ECIS 2018: Beyond Digitization – Facets of Socio-Technical Change - University of Portsmouth, Portsmouth, United Kingdom Duration: 23 Jun 2018 → 28 Jun 2018 Conference number: 26 http://ecis2018.eu/ |
Conference
Conference | 26th European Conference on Information Systems, ECIS 2018 |
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Number | 26 |
Location | University of Portsmouth |
Country/Territory | United Kingdom |
City | Portsmouth |
Period | 23/06/2018 → 28/06/2018 |
Internet address |
Series | Proceedings of the European Conference on Information Systems |
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ISSN | 0000-0034 |
Keywords
- Distributed ledger technology
- Blockchain
- Digital platforms
- Cross-border payments
- Developing countries