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CFTC Explains Smart Contracts

December 11, 2018 by Eugene Grygo

CFTC Explains Smart Contracts

Through its LabCFTC extension for FinTech innovation, the CFTC has issued a primer “intended to be an educational tool” to explain what a “smart contract” actually is (in case you’re not certain), and to point out some of its shortcomings. “Fundamentally, a ‘smart contract’ is a set of coded computer functions,” according to the primer…. Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Governance, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, Opinion, Minding the Gap, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Reporting, Industry News Tagged With: CFTC, distributed ledger technology (DLT), DLT, Eugene Grygo, fintech innovation, LabCFTC extension, Minding the Gap, smart contract

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