From digital currencies to digital finance: the case for a smart financial contract standard
作者: Willi BrammertzAllan I. Mendelowitz
作者单位: 1ACTUS Users Association , Rockville, Maryland, USA and Ariadne Business Analytics, Naenikon, Switzerland
2ACTUS Financial Research Foundation , Rockville, Maryland, USA
刊名: The Journal of Risk Finance, 2018, Vol.19 (1), pp.76-92
来源数据库: Emerald Journal
DOI: 10.1108/JRF-02-2017-0025
关键词: StandardizationFintechBlock-ChainComplete contractsSmart contractSmart financial contracts
原始语种摘要: Purpose(#br)This paper aims to demonstrate the importance of a cash flow generating standard for individual financial contract level data and the ability to create such a standard. (#br)Design/methodology/approach(#br)The authors analyze the importance for such a standard of software that turns natural language contracts into cash flow generating algorithms; a data dictionary that standardizes contract terms; and access to variables that represent the state of the world (e.g. market risk, counterparty risk, etc.) that affect contractual obligations. (#br)Findings(#br)The ability to realize benefits from the use of such a contract level algorithmic standard depends on the following: making the standard’s software open source; fully testing the software to have complete confidence in its...
全文获取路径: Emerald  (合作)

  • financial 财政的
  • contract 契约
  • standard 标准
  • finance 金融
  • market 市场
  • importance 重要性
  • deterministic 确定性
  • costs 费用
  • analytics 分析学
  • adoption 采纳