Author Topic: UBS and Smart Bonds  (Read 665 times)

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Offline Akado

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http://www.ibtimes.co.uk/ubs-reveals-its-interest-sidechains-well-ethereum-1519706

"So just like with internet we are a strong believer that we need to have, if not one, but a few platforms that are multi-asset, rather than a chain per variant of particular instrument.

"But there are some things about Ethereum like lack of scheduling. For instance, there is no way for us on vanilla Ethereum to create schedule jobs.

"Our experiment with the smart bonds requires also payment of coupon and we have to create an external schedular to automate the coupon payment, which effectively stimulate the smart contract. Clearmatics have a scheduling capability.

"They are working in the right kind of multi-asset general purpose computing distributed solution like Ethereum with enhancements. Yery smart folks working with the technology we think is the right direction."
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