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