1、Applications in capital markets and beyondBlockchain for public finance omfif.orgBLOCKCHAIN FOR PUBLIC FINANCE 23 omfif.org3Contents4 Improving public policy and delivery More effective and efficient policy-making can be realised by a public finance management system that places transparency and the

2、 seamless sharing of data at its heart.6 Existing challenges Building a dedicated public finance management system that overlays internal ones will help aid data capture and sharing,delivering for the public good.10Economic advantages of improvements A modern PFM system would not only save on overhe

3、ad and administrative costs,but bring benefits through fraud and waste reduction,as well as better tracking what how impactful spending is.18 Applications in capital markets Green bond issuers and investors will benefit from a modern PFM system,tracking more efficiently how proceeds are spent and re

4、gulations are adhered to.22 Towards better public finance management More effective and efficient policy-making can be realised by a public finance management system that places transparency and the seamless sharing of data at its heart.2022 OMFIF Limited.All Rights Reserved.Strictly no photocopying

5、 is permitted.It is illegal to reproduce,store in a central retrieval system or transmit,electronically or otherwise,any of the content of this publication without the prior consent of the publisher.While every care is taken to provide accurate information,the publisher cannot accept liability for a

6、ny errors or omissions.No responsibility will be accepted for any loss occurred by any individual due to acting or not acting as a result of any content in this publication.On any specific matter reference should be made to an appropriate adviser.Company Number:7032533.ISSN:2398-4236Official Monetar