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/biz/ - Business & Finance


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11148675 No.11148675 [Reply] [Original]

>creates CDS
>leads to largest bubble in history
>invests in smart contracts
What's her endgame?

>> No.11148715

>>11148675
How is mommy so hot even tough she is 49?

>> No.11148836
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11148836

>What is ISDA CDM? With new technologies, such as distributed ledger and smart contracts, the derivatives market is on the cusp of a technology revolution. ISDA Common Domain Model (CDM) will help realise that potential. When fully developed, the ISDA CDM will provide an industry standard blueprint for how derivatives are traded and managed across the lifecycle, and how each step in the process should be represented.

>DerivHack will take place simultaneously in London and New York on September 20-21 at Barclays' Rise accelerator spaces. The International Swaps and Derivatives Association (ISDA), Deloitte and Thomson Reuters are co-sponsoring the event.

>Those taking part will be asked to apply ISDA's Common Domain Model (CDM), a set of process and data standards, using their choice of distributed ledger technology (DLT) platform, to efficiently model post-trade processing of derivatives contracts.

>CDM attempts to harmonize the way data is presented and reported across different firms and platforms. As such, its adoption is widely viewed as a prerequisite for the financial industry to adopt DLT and smart contracts.

>One goal of the hackathon is to suss out which of the commonly used enterprise DLT platforms – R3's Corda, Hyperledger Fabric or ethereum – handles derivative life cycle smart contracts most elegantly.

>A key component in the standardization of smart contract-enabled post-trade processing of derivatives are smart oracles which pipe in data to the contacts.

>Dan Selman @danielselman 15 hours ago @mattcogitat and I will be at DerivHack in London tomorrow, attempting to create an @AccordHQ Cicero contract for ISDA Interest Rate Swaps, running on @Cordablockchain. Wish us luck!

>Wilmott estimates the derivatives market at $1.2 quadrillion, to put that in perspective it is about 20 times the size of the world economy.

https://youtu.be/RGcZyUK5oLE?t=2447

>> No.11148983

>>11148836
great, so Corda and their centralized oracles will get rich af. Is there any reason to think that LINK is involved, other than just 3rd and 4th degree connections and hope?

>> No.11149070

>>11148983
Accord will use LINK, even on Corda

>> No.11149097

>>11149070
are you saying i'll make it?

>> No.11149145

>>11148715
Baby’s blood, keeps you young