Lightbulb - The Contract IS the Issue Flip the logic upside down • keep prose document as is • let the program extract its parts from document • place the users -issuer+holder- first • and the developer second As developer, I don’t need to convert the bond 1. capture into signed digital document 2. read out 10 or so values 3. identify the document for accounting Light bulb from Edison Patent 223,898, 1880: public domain. Source https://en.wikipedia.org/wiki/File:Light_bulb.png 55
First R3 Smart Contract Templates Summit (All Slides) Page 54 Page 56