Journal of Platform Technology

  • 제11권5호
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  • Pages.37-48
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  • 2023
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  • 2289-0181(pISSN)
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  • 2289-019X(eISSN)
ICT플랫폼학회 (ICT Platform Society)
권호 표지

블록체인 기반의 토큰 증권 IT 플랫폼 선택을 위한 의사결정 연구

A Study on Decision Making for Blockchain-based IT Platform Selection for Security Token

  • 투고 : 2023.08.25
  • 심사 : 2023.10.15
  • 발행 : 2023.10.30
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초록

2023년 2월 금융위원회의 '토큰증권 발행·유통체계 정비방안' 발표 이후 금융기관, 증권사 및 블록체인 기업들은 IT 플랫폼 구현을 적극적으로 고려하고 있으나 아직 관련 법적규제가 명확히 확립되어 있지 않아 토큰증권의 IT 플랫폼에 선정에 어려움을 겪고 있다. 이에 따라 블록체인 기반의 토큰증권 IT 플랫폼 선택에 대해 합리적이고 체계적인 기준의 필요성이 대두되었고, 본 연구에서는 이를 델파이 기법(Delphi Method)과 계층적 의사결정 방법(AHP, Analytic Hierarchy Process)을 통해 토큰증권 IT 플랫폼 선택의 핵심 요인을 탐색 및 평가하였다. 상위 핵심요인으로 '플랫폼의 성숙도', '플랫폼의 운영 및 관리', '플랫폼 도입 및 유지비용', '토큰 증권에 대한 규제 적합성' 등 4개의 요인이 도출되었고, 하위 핵심요인으로는 '다양성', '사용자 인증관리', '도입비용', '금융규제'등 17개의 요인이 도출되었다. 연구 결과, 17개의 하위요인 중 '정부금융규제'과 '개인정보보호'가 중요한 요인으로 선정되고, 본 연구결과는 토큰증권 IT 플랫폼 선택의 체계적인 의사결정 기준을 제공하여 관련 기관 및 금융 기업들의 전략적 결정에 도움을 줄 수 있을 것이다.

Since the announcement of the Financial Services Commission's 'Token Securities Issuance and Distribution System Improvement Plan' in February 2023, financial institutions, securities firms, and blockchain companies have been actively considering implementing IT platforms, but they are facing difficulties in selecting IT platforms for token securities because related legal regulations have not yet been clearly established. As a result, the need for rational and systematic criteria for the selection of blockchain-based token securities IT platforms has emerged, and this study explores and evaluates the key factors of token securities IT platform selection. Four factors were identified as the top-level factors, including 'maturity of the platform', 'operation and management of the platform', 'cost of introducing and maintaining the platform', and 'regulatory compliance for token securities', and 17 factors were identified as sub-level factors, including 'diversity', 'user authentication management', 'Adoption Costs', and 'financial regulations'. Among the 17 sub-factors, 'government financial regulation' and 'personal information protection' are selected as important factors, and the results of this study can help related organizations and financial companies make strategic decisions by providing systematic decision-making criteria for selecting token securities IT platforms.

키워드

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