FINANCIAL SERVICES
Digital Assets
Digital assets promise a step change in efficiency, transparency and security in the financial industry. NOUMENA’s formalized digital representation of assets digitalizes not only the ownership of digital assets along with its complete lifecycle processes.
Tokenization: Assets are issued as a security token that digitally represents a real, tradable asset. In addition to the token, relevant lifecycle information is formally modelled to automate the entire lifecycling of the asset.
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Multi-party: The modelling of parties on a position or a process regulates ownership, transaction rights, obligations and controls access of the parties.
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Distributed: Distributed ledgers solve the problem of reconciliation, allow for a distributed and consistent data access and provide the possibility to share information according to the need-to-know principle.
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Automatic settlement: A rigorously formalized process and a well-defined multi-party lifecycle enable automated settlement in post-trade processing.
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Self-executing: Assets and processes which are modelled in smart contracts enable for true self-exectution based on system- or user-generated events.
- #ecosystem
- #complexmultipartyprocess
- #trueselfexecution
- #newbusinessmodels
Tokenization:
Assets are issued as a security token that digitally represents a real, tradable asset. In addition to the token, relevant lifecycle information is formally modelled to automate the entire lifecycling of the asset.
Multi-party:
The modelling of parties on a position or a process regulates ownership, transaction rights, obligations and controls access of the parties.
Distributed:
Distributed ledgers solve the problem of reconciliation, allow for a distributed and consistent data access and provide the possibility to share information according to the need-to-know principle.
Automatic settlement:
A rigorously formalized process and a well-defined multi-party lifecycle enable automated settlement in post-trade processing.
Self-executing:
Assets and processes which are modelled in smart contracts enable for true self-exectution based on system- or user-generated events.