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Revisiting Asset-Backed Securitization in the Digital Era: The Role of Blockchain and Tokenization
[Revisiter la titrisation adossée à des actifs (ABS) à l'ère numérique : Le rôle de la blockchain et de la tokenisation]

Author

Listed:
  • Maryam Baroudi

    (UIT - Université Ibn Tofaïl)

  • Laila Bennis

    (UIT - Université Ibn Tofaïl)

Abstract

Amid the ongoing digital transformation, blockchain technology has emerged as a key innovation in the financial sector. One of its most promising applications is asset tokenization, which enables the digital representation and fractional ownership of financial assets. This study explores how the blockchain and asset tokenization can enhance the Asset-Backed Securitization process. In our research, we conduct a comprehensive literature review and present a case study highlighting the adoption of blockchain technology in financial institutions for securitization purposes. Based on these insights, we propose an ABS to incorporate blockchain and tokenization into the securitization process by increasing transparency, operational efficiency, and acceptability for investors. Our findings show that this technological approach can significantly enhance the performance of ABS by reducing operational risks, improving data integrity, and promotes boarder investor participation through fractionalization. It contributes to a more resilient and inclusive financial system.

Suggested Citation

  • Maryam Baroudi & Laila Bennis, 2025. "Revisiting Asset-Backed Securitization in the Digital Era: The Role of Blockchain and Tokenization [Revisiter la titrisation adossée à des actifs (ABS) à l'ère numérique : Le rôle de la blockchain ," Post-Print hal-05222571, HAL.
    • Handle: RePEc:hal:journl:hal-05222571
    Note: View the original document on HAL open archive server: https://hal.science/hal-05222571v1
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    References listed on IDEAS

    as
    1. Wu, Binghui, 2018. "Asset securitization and rate of return: A study on letters of guarantee," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 490(C), pages 1551-1554.
    2. Dong, Ciwei & Chen, Chenyi & Shi, Xiutian & Ng, Chi To, 2021. "Operations strategy for supply chain finance with asset-backed securitization: Centralization and blockchain adoption," International Journal of Production Economics, Elsevier, vol. 241(C).
    3. Huasheng Zhu & Zach Zhizhong Zhou, 2016. "Analysis and outlook of applications of blockchain technology to equity crowdfunding in China," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 2(1), pages 1-11, December.
    4. Jana Schmitz & Giulia Leoni, 2019. "Accounting and Auditing at the Time of Blockchain Technology: A Research Agenda," Australian Accounting Review, CPA Australia, vol. 29(2), pages 331-342, June.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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