The capital markets are full of conditionally executable, event-driven contractual agreements, resulting in particular party-specific cash flows. Once triggered, these contractual obligations typically require manual intervention, which can be slow, inefficient, and require additional expense.
Goals and Objectives
Proceed to adopt blockchain technologies that support the execution of smart contracts on tokenized assets capable of securely exchanging value between authenticated counterparties over time. Adopt universal contractual standards to support efficient contract and collateral management tasks.
Blockchain, smart contracts, and universal contractual standards
Use Case Summary
Existing processes for consummating contractual obligations in the capital markets are resource-intensive and error prone. These processes represent a drag on market efficiency and frustrate innovation.