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April 22, 2024· Modern Technologies and Scientific and Technological Progress
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APPLICATION OF DISTRIBUTED LEDGER TECHNOLOGIES IN FINANCIAL TRANSACTIONS

Authors:Elena CheklaukovaAleksandr Averin

Abstract

The development of digital technologies that increase the security of payments and improve settle-ments is one of the main tasks facing regulators in the financial sector. The main reason for the in-creased attention to distributed ledger technology in the financial sector is the expectation that it will eliminate a number of problems and limitations inherent in the currently used methods of storing, ac-counting and transmitting financial information. The authors consider the advantages of the distribut-ed ledger technology in the implementation of financial transactions

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