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Blinov V.G., Blinova V.V.
Legal Regulation of Using Distributed Ledger Technology in the Securities Market
Keywords: securities, distributed ledger, blockchain, cryptocurrency, token, blockchain technologies, transactions, digital rights, digital assets, shareholder register, trading, financial assets
Blockchain technology currently occupies one of the central places in the economy and business; it has the potential to create new foundations for existing economic systems. For this reason there is a huge interest in studying the use of distributed ledger technology in the legal literature. However, at the same time it is necessary to note that this topic is understudied, which is due to this phenomenon's novelty. The relevance of the research topic is determined by the need to analyze in a holistic way the definitions of the concept of distributed ledger technology (blockchain), features of using the blockchain technology. The need for such research is due to the absence of a comprehensive legal regulation for the use of distributed ledger technology in the securities market. In this article the concept of blockchain technology is considered, features of its use are highlighted. It is concluded that blockchain technology can be selected for the use in the securities market, including when placing securities, conducting transactions with securities and carrying out accounting activities in the securities market, in organizing trading of financial assets and services.
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About authors
- Blinov Vladimir G.
- Candidate of Legal Sciences, Associate Professor of Civil Disciplines Department, Chuvash State University, Russia, Cheboksary (bvg160467@mail.ru; )
- Blinova Viktoriya V.
- Master’s Program Student, Lomonosov Moscow State University, Russia, Moscow )
Article link
Blinov V.G., Blinova V.V. Legal Regulation of Using Distributed Ledger Technology in the Securities Market [Electronic resource] // Oeconomia et Jus. – 2020. – №4. P. 58-63. – URL: https://oecomia-et-jus.ru/en/single/2020/4/8/. DOI: 10.47026/2499-9636-2020-4-58-63.
