Implementing a financial derivative as smart contract

Christian Fries, Peter Kohl-Landgraf, Bj\"orn Paffen, Stefanie Weddigen, Luca Del Re, Wilfried Sch\"utte, David Bacher, Rebecca Declara, Daniel Eichsteller, Florian Weichand and Michael Streubel

Papers from arXiv.org

Abstract: In this note we describe the application of existing smart contract technologies with the aim to construct a new digital representation of a financial derivative contract. We compare several existing DLT based technologies. We provide a detailed description of two separate prototypes which are able to be executed on a centralized and on a DLT platform respectively. Beyond that we highlight some insights on legal aspects as well as on common integration challenges regarding existing process and system landscapes. For a further introductory note and motivation on the theoretical concept we refer to https://www.law.ox.ac.uk/business-law-blog/blog/2018/12/smart-derivative-contract-constructing-digital-financial-derivative . A very detailed methodological overview of the concept of a smart derivative contract can be found in doi:10.2139/ssrn.3163074.

Date: 2019-02, Revised 2019-03
New Economics Papers: this item is included in nep-pay
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/1903.00067 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1903.00067

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().