======Prospects for blockchain-based settlement frameworks as a resolution to the threat of de-risking to Caribbean financial systems====== This report explores blockchain as a solution to the de-risking issue in Caribbean financial systems. \\ \\ (Generated with the help of GPT-4) \\ ^ Quick Facts ^^ |Report location: |[[https://repositorio.cepal.org/server/api/core/bitstreams/13ea35bc-f9d9-4c28-928f-a5b733d6715d/content|source]] | |Language: |English | |Publisher: | * [[encyclopedia:economic_commission_for_latin_america|Economic Commission for Latin America]] | |Authors: |Robert Crane Williams | |Geographic focus: |Caribbean | |Page count: |23 páginas. | =====Methods===== The research method involved a comprehensive analysis of the current financial challenges faced by Caribbean countries due to de-risking, an examination of blockchain technology and its potential applications, and an evaluation of different blockchain-based settlement models. The report also included a review of existing literature, case studies, and expert opinions to assess the viability and implications of adopting blockchain in the Caribbean financial context. \\ \\ (Generated with the help of GPT-4) \\ =====Key Insights===== The report examines blockchain technology as a potential remedy for the de-risking trend that threatens Caribbean financial systems. It discusses the impact of de-risking, the mechanics of blockchain, and evaluates three models for blockchain-based settlement frameworks: open, permissioned, and centralized. The report also considers the implications for privacy, sovereignty, and regulatory compliance, and suggests cautious engagement with blockchain technology as a long-term strategy for the region's financial independence. \\ \\ (Generated with the help of GPT-4) \\ =====Additional Viewpoints===== Categories: {{tag>Caribbean_geographic_scope}} | {{tag>English_publication_language}} | {{tag>blockchain_technology}} | {{tag>cryptocurrency}} | {{tag>de-risking}} | {{tag>economic_impact}} | {{tag>financial_innovation}} | {{tag>financial_systems}} | {{tag>privacy_concerns}} | {{tag>regulatory_compliance}} | {{tag>settlement_models}} | {{tag>sovereignty}} ~~DISCUSSION~~