584 research outputs found

    Undergraduate Catalog of Studies, 2023-2024

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    Undergraduate Catalog of Studies, 2023-2024

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    Distributed Ledger Technology (DLT) Applications in Payment, Clearing, and Settlement Systems:A Study of Blockchain-Based Payment Barriers and Potential Solutions, and DLT Application in Central Bank Payment System Functions

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    Payment, clearing, and settlement systems are essential components of the financial markets and exert considerable influence on the overall economy. While there have been considerable technological advancements in payment systems, the conventional systems still depend on centralized architecture, with inherent limitations and risks. The emergence of Distributed ledger technology (DLT) is being regarded as a potential solution to transform payment and settlement processes and address certain challenges posed by the centralized architecture of traditional payment systems (Bank for International Settlements, 2017). While proof-of-concept projects have demonstrated the technical feasibility of DLT, significant barriers still hinder its adoption and implementation. The overarching objective of this thesis is to contribute to the developing area of DLT application in payment, clearing and settlement systems, which is still in its initial stages of applications development and lacks a substantial body of scholarly literature and empirical research. This is achieved by identifying the socio-technical barriers to adoption and diffusion of blockchain-based payment systems and the solutions proposed to address them. Furthermore, the thesis examines and classifies various applications of DLT in central bank payment system functions, offering valuable insights into the motivations, DLT platforms used, and consensus algorithms for applicable use cases. To achieve these objectives, the methodology employed involved a systematic literature review (SLR) of academic literature on blockchain-based payment systems. Furthermore, we utilized a thematic analysis approach to examine data collected from various sources regarding the use of DLT applications in central bank payment system functions, such as central bank white papers, industry reports, and policy documents. The study's findings on blockchain-based payment systems barriers and proposed solutions; challenge the prevailing emphasis on technological and regulatory barriers in the literature and industry discourse regarding the adoption and implementation of blockchain-based payment systems. It highlights the importance of considering the broader socio-technical context and identifying barriers across all five dimensions of the social technical framework, including technological, infrastructural, user practices/market, regulatory, and cultural dimensions. Furthermore, the research identified seven DLT applications in central bank payment system functions. These are grouped into three overarching themes: central banks' operational responsibilities in payment and settlement systems, issuance of central bank digital money, and regulatory oversight/supervisory functions, along with other ancillary functions. Each of these applications has unique motivations or value proposition, which is the underlying reason for utilizing in that particular use case

    LIPIcs, Volume 251, ITCS 2023, Complete Volume

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    LIPIcs, Volume 251, ITCS 2023, Complete Volum

    Undergraduate Catalog of Studies, 2022-2023

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    Trajectories of Change, from Armed Struggle to Politics: The Transformation of Sudan People’s Liberation Movement (SPLM) from a Liberation Movement into a Political Party

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    The end of the Cold War catalysed a range of civil wars and separatist conflicts that battled for government control around the globe. Most of them were resolved through peace agreements which led rebels to lay down their arms and adopt political strategies to pursue their goals. A primary challenge for any resistance or liberation movement is how to win legitimacy and support from the population. This thesis is a case study on the transformation of the Sudan People Liberation Movement/Army (SPLM/A) from a liberation movement to a political party and, later, government. It provides a context-specific understanding and analysis of how the liberation movement garnered legitimacy by tapping into local and international support in the liberation war. The analysis uses legitimacy as the optic for exploring the historical narrative and process-tracing to unearth multifaceted and interactive mechanisms, and strategies facilitating the liberation movement’s quest to consolidate domestic and international legitimacy during the period of struggle. The study employs a theoretical framework focusing on the concept of legitimacy as developed by Max Weber and other scholars. The theoretical approach expands the application of the term ‘legitimacy’ by including concepts such as revolutionary ideology, and performance, or eudaemonic legitimacy. Revolutionary ideology plays a vital role in helping a liberation movement to garner support and political legitimacy from the population during a conflict. It also arises through the invocation of universal values such as freedom, equality, and social justice democracy. Equally important is performance or eudaemonic legitimacy, which is measured by the ability of a former liberation movement to fulfil its revolutionary promises in the aftermath of (violent) conflict. Such a process entails the fulfilment and deliverance of ideals of liberation earlier promised during a struggle period. The promises may include the provision of security, public goods, and welfare to the citizens. However, in comparison to motives, objectives and aspirations of the SPLM/A during the liberation war against the central government in Khartoum, key findings on SPLM/A’s trajectory from a rebel movement to a government in the post-conflict period are not encouraging. The optimism, the hard-won jubilation, and the revolutionary legitimacy that catapulted the SPLM/A to power and the subsequent secession and independence in July 2011 quickly began to wane. The study found that SPLM/A’s legitimacy in the post-CPA and independence period continues to decline, and the South Sudanese do not enjoy the fruits of the liberation struggle. The findings also indicate that the SPLM/A is stuck in a political limbo: it retains many traits of a liberation movement, while its free ride during the CPA-mandated interim period en route to forming South Sudan’s first government has in effect worked against its aspiration to transform into a legitimate political party

    METROPOLITAN ENCHANTMENT AND DISENCHANTMENT. METROPOLITAN ANTHROPOLOGY FOR THE CONTEMPORARY LIVING MAP CONSTRUCTION

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    We can no longer interpret the contemporary metropolis as we did in the last century. The thought of civil economy regarding the contemporary Metropolis conflicts more or less radically with the merely acquisitive dimension of the behaviour of its citizens. What is needed is therefore a new capacity for imagining the economic-productive future of the city: hybrid social enterprises, economically sustainable, structured and capable of using technologies, could be a solution for producing value and distributing it fairly and inclusively. Metropolitan Urbanity is another issue to establish. Metropolis needs new spaces where inclusion can occur, and where a repository of the imagery can be recreated. What is the ontology behind the technique of metropolitan planning and management, its vision and its symbols? Competitiveness, speed, and meritocracy are political words, not technical ones. Metropolitan Urbanity is the characteristic of a polis that expresses itself in its public places. Today, however, public places are private ones that are destined for public use. The Common Good has always had a space of representation in the city, which was the public space. Today, the Green-Grey Infrastructure is the metropolitan city's monument that communicates a value for future generations and must therefore be recognised and imagined; it is the production of the metropolitan symbolic imagery, the new magic of the city

    University of Windsor Undergraduate Calendar 2023 Spring

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    https://scholar.uwindsor.ca/universitywindsorundergraduatecalendars/1023/thumbnail.jp
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