The Ways of Increasing the Efficiency of Cross-Border Payments in Uzbekistan
Keywords:
payment systems, cross-border payments, payment instruments, blockchain, Swift, stablecoin
Abstract
In the process of globalization, the widespread penetration of digital technologies into the activities of economic entities leads to the emergence of improvements in payment instruments. The article analyzes the current state of development of cross-border payments with blockchain technologies, as well as measures to improve cross-border payments in the economy, provides relevant conclusions and proposals.
References
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9. Usage of IBM Blockchain Technology to Improve Clearing and Settlement Processes in the Banking Sector.
10. Orkun BAYRAM, “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”, Doğuş Üniversitesi Dergisi, 21 (1) 2020, 171 – 189.
2. Cross -border retail payments, February 2018, Bank for International Settlements.
3. https://cbu.uz/ru/press_center/news/373696/
4. Инфографика по платёжному балансу, международной инвестиционной позиции и внешнему долгу Республики Узбекистан за 2020 год — Review.uz
5. http://cbu.uz/uzc/platyezhnye-sistemy/56618/
6. https://hub.forklog.com/tsifrovye-aktivy-budushhee-transgranichnyh-platezhej/ - Цифровые активы — будущее трансграничных платежей, 02.04.2020, Garantex.
7. Enhancing cross-border payments: building blocks of a global roadmap – July 2020, Committee on Payments and Market Infrastructures.
8. JP Morgan. (September 2018). JP Morgan interbank information network expands to more than 75 banks. URL: https://www.jpmorgan.com/country/FI/en/detail/1320570135560
9. Usage of IBM Blockchain Technology to Improve Clearing and Settlement Processes in the Banking Sector.
10. Orkun BAYRAM, “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”, Doğuş Üniversitesi Dergisi, 21 (1) 2020, 171 – 189.
Published
2022-06-13
How to Cite
H., S. N. (2022). The Ways of Increasing the Efficiency of Cross-Border Payments in Uzbekistan. Central Asian Journal of Innovations on Tourism Management and Finance, 3(6), 40-47. https://doi.org/10.17605/cajitmf.v3i6.251
Section
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