Putting theory into practice Can we develop these ideas and solve a real world problem? Project Banff is looking at the Canadian Banker’s Acceptance market. Would it be possible to: 1. Define a set of tags that represent the legally binding transactions and obligations that make up the Banker’s Acceptance issuance process 2. Implement these tags using a layered approach, and thus begin to abstract the business / legal definition from the underlying technology 3. Represent the smart contract agreement in a form that is more understandable to a non-technical reader UNRESTRICTED 113
2nd R3 Smart Contract Templates Summit (All Slides) Page 113 Page 115