Search results for "SandBox"
showing 7 items of 7 documents
Exploring how social interactions influence regulators and innovators: The case of regulatory sandboxes
2020
Like incubators, regulatory sandboxes constitute a prominent mechanism to enable entrepreneurial activities that guide financial technology (FinTech) firms through regulatory frameworks in the financial industry. Because they are new, there is a lack of research on regulatory sandboxes; most studies have investigated legal aspects while overlooking the management perspective. To address this gap, this paper builds on incubation research studies to explore how social interactions within regulatory sandboxes influence the practices of regulators and regulatees, using social capital theory. An exploratory-abductive approach is adopted, using data collected from 16 semi-structured interviews. T…
Blockchain Securities, Insolvency Law and the Sandbox Approach
2018
Blockchain is a new technology that is based on an algorithm which allows participants of an IT network to process, store and share data across multiple points without the need for any intermediary, at least in order to ensure the integrity of the data dealt with. This technology is simplifying financial markets—many organizations are launching initial coin offerings to facilitate the financing of new business ventures; moreover, ‘securities’ that are issued in such a digital form can be bought and sold in the secondary market without the intervention of the traditional intermediaries. However, this use of blockchain could give rise to many problems which, in this article, will be analysed …
THE SANDBOX OF THE UK FINANCIAL CONDUCT AUTHORITY AS A WIN-WIN REGULATORY DEVICE?
2018
This paper deals with initial coin offerings (ICOs) and the sandbox approach that has been adopted by the UK Financial Conduct Authority (FCA). Its conclusion is that this approach is no longer an instrument for mutual learning only, but that it is becoming a device that produces an original form of cooperative regulatory design where the FCA cooperates with firms to shape the algorithms in a way which is more investor-friendly. Moreover, since this activity does not necessarily imply a tradeoff between social benefits and private costs, unlike other forms of cooperative regulation; and since this activity does not regulate the algorithms directly, as happens with other forms of regulatory …
Exploring a new incubation model for FinTechs: Regulatory sandboxes
2021
Research on incubation models indicates that incubators and accelerators are crucial catalysts for the development of start-ups. To facilitate start-ups in financial markets, several regulatory authorities have adopted a new incubation model called a ‘regulatory sandbox’. Regulatory sandboxes enable eligible applicants to test their technology-enabled financial solutions for a certain period of time (subject to conditions the regulator imposes). As such, these instruments allow innovation while preventing severe instability in financial markets caused by systemic risk. Despite their importance, management research has devoted little attention to studying how sandboxes operate as a new incub…
El SandBox, una aplicación de representación espacial de realidad aumentada de interés para el aprendizaje de la geografía
2022
La SandBox est une technologie développée par l’UC Davis qui permet de modéliser des terrains en réalité augmentée. Il s’agit d’un système permettant de sculpter dans le sable un paysage qui va être topographié par l’ordinateur. Une carte d’élévation (2D), composée de courbes et de couleurs, est projetée dans l’espace d’expérimentation (3D). L’opération se fait en direct, ce qui permet une grande interactivité. Les représentations bidimensionnelles (carte 2D) ne permettent pas toujours une bonne perception de l’espace (3D) représenté, cependant cet article souligne comment utiliser la SandBox pour pallier aux difficultés rencontrées lors de la lecture de ces représentations. Il détaille com…
New techs, new threats: sfide e opportunità della rivoluzione blockchain
2021
Considering the current diffusion of blockchain technology in the most different fields, ranging from public governance to economics, from contractual applications to health, the contribution addresses the issue of the legal regulation of this new technology, precisely because of its vast applications. From the comparison between the European model and the American one, the approach of the European legislator ‒ despite the delay with which the institutions have addressed the issue, seems to show, as already happened in other areas, a more 'social oriented' perspective and based on a sort of 'democratization' of data compared to the American approach, more ‘business oriented’, where the scho…
Jauno tehnoloģiju pielietojums datu noliktavās
2015
Maģistra darbs „Jauno tehnoloģiju pielietojums datu noliktavās” balstās uz lielo datu analīzes realizācijas problēmu datu noliktavās. Darba mērķis ir izpētīt jaunās tehnoloģijas datu noliktavās un lielo datu apstrādes platformas piemērotību datu analīzes veikšanai praktiski realizējot iepriekš definētu lietojuma gadījumu. Rezultātā tika izpētītas lielo datu tehnoloģijas, kuras jau pielieto datu noliktavu risinājumos, un praktiski realizēts lietojuma gadījums datu analīzei izmantojot lielo datu apstrādes platformu Hortonworks, kā arī apzīmēts tālākais iespējamais datu noliktavu attīstības virziens lielo datu laikmetā.