not approved
TradFi - Interest Rate Derivatives on Cardano
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳363,206
Percentage
Received
Received
0.00%
Solution
A platform to Settle Interest Rate Derivatives on Cardano and onboard 1 large bank to do a pilot. Rates Derivatives is the largest market in the world with $ trillions in daily volume
Problem
No TradFi adoption of Cardano due to a lack of apps for the Banking and Financial Services sector. Yet settlement of derivatives is a very cost-effective and natural fit for a blockchain.
Impact / Alignment
Feasibility
Value for money