not approved

TradFi - Interest Rate Derivatives on Cardano

View on Ideascale View on projectcatalyst.io

Current Project Status

Unfunded

Amount
Received

₳0

Amount
Requested

₳363,206

Percentage
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