Blockchain and Countering terrorist financing: Difference between pages

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1.
(CTF).


A distributed, secure database of transactions, also known as 'distributed ledger technology' which may complement or replace the use of database and file transfer software used in the software systems in use by corporate treasuries.
Countering terrorist financing comprises policies and procedures designed to detect, prevent and deter attempts to finance terrorist activities.


 
A number of CTF policies and procedures are similar to those used to combat money laundering.
2.
 
A database using distributed ledger technology (blockchain) which can be used for cryptocurrency transactions.
 
 
 
<span style="color:#4B0082">'''''Blockchain defined'''''</span>
 
:"At its heart, blockchain is a relatively straightforward concept. It is a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers.
:This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information in a certain block can't be changed.
:If people try to tamper with that information, it becomes obvious."
 
:Complements of the BBC: https://www.bbc.com/news/business-45919700
 
 
 
:Cryptocurrencies such as Bitcoin may require blockchain technology but the use of blockchain does not require the involvement of Bitcoin.




Countering terrorist financing is also known as Countering the financing of terrorism or Combating the financing of terrorism.




== See also ==
== See also ==
 
* [[4MLD]]
* [[Bitcoin]]
* [[Anti money laundering]]
* [[Cryptocurrency]]
* [[FBI]]
* [[Daisy chain]]
* [[Financial Action Task Force]]
* [[Distributed ledger]]
* [[FinCEN]]
* [[Fintech]]
* [[High-risk country]]
* [[Ripple payment protocol]]
* [[Know-your-customer]]
* [[SWIFT gpi]]
* [[National Crime Agency]
* [[Terrorist financing]]




===Other links===
=== Other resources ===
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014]


[[Category:Technical_skills]]
[[Media:2015_03_Mar_-_Squeaky_clean.pdf| Squeaky Clean, The Treasurer, 2015 student article on anti money laundering implications for corporate treasurers.]]
[[Category:Treasury_operations]]

Revision as of 17:07, 25 March 2021

(CTF).

Countering terrorist financing comprises policies and procedures designed to detect, prevent and deter attempts to finance terrorist activities.

A number of CTF policies and procedures are similar to those used to combat money laundering.


Countering terrorist financing is also known as Countering the financing of terrorism or Combating the financing of terrorism.


See also


Other resources

Squeaky Clean, The Treasurer, 2015 student article on anti money laundering implications for corporate treasurers.

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