Stellar Community Fund

By Soroban Smart Option Contract

Soroban Smart Option Contract (Part 2)

SCF #15

$51.5K

Legacy v4.0 Award

Awarded

An expansion of our Option Contract from SCF #13 we are expanding to option spreads and a bi-lateral trade submission scheme

Products & Services

Block Time Financial is a complete middle and back-office blockchain infrastructure software company. We provide the ability to issue Stellar assets, make payments, trading, swapping, and more, all done with regulatory audit and compliance issues in mind. We track all the 5 "Ws" for blockchain operations, Who, What, Where, When, and Why, so that there is a clear and immutable record of business functions. We specialize in the Stellar blockchain and take full advantage of many of the features, including claimable balances, mass payments, authorizations, path payments, and specialty entity identity tokens such as KYC, AML, ACRED, QUAL, and more. We are fully involved in implementing Soroban into our platform so that our users have a complete environment for building, installing, and utilizing Soroban Smart Contracts. We have a contract management system module that keeps track of all versions of Smart Contracts, both installed by our platform and contracts that have been deployed on the network. We're planning on a fee usage module that helps predict fees and charges for smart contract usage. We also have incorporated the smart contract issuers and their roles into our UserProfile. Our current project, the Smart Option Contract, is a prototype for a bilateral trade submission with collateral. The prototype is currently limited to a "European equity put option." With the additional grant money, we hope to expand this to option spreads and explore the use of adjusting collateral by use of other projects in the ecosphere. We have engaged multiple option traders for input and hope to demonstrate the end product to multiple exchanges with our existing contact network. All these things will be necessary for a business to be able to build, deploy and use smart contracts in a regulatory and compliant manner. Case in point, Franklin Templeton, one of the world's largest investment managers, built software in-house to issue a regulatory-compliant money market fund on Stellar. Our platform will allow other investment managers the same opportunity without having to build software.