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題名 Conditional Token: A New Model to Supply Chain Finance by Using Smart Contract in Public Blockchain
作者 陳哲斌
Chen, Che-Pin;Huang, Kai-Wen;Kuo, Yung-Chi
貢獻者 風管博七
關鍵詞 supply chain finance; smart contract; DeFi; conditional token; verdinglichung obligatorischer rechte
日期 2023-03
上傳時間 2024-10-04
摘要 This paper defines Conditional Token (CT) as the token with specific conditions and proposes the use functions for its operations in smart contract so that it can be deployed at the public blockchain. If CTs were exchanged to/equivalent to fiat currency once then all conditions are realized, that is, the required performances and obligations/rights are agreed upon. In use, the obligation-type CT can be used as a divisible mortgage or be used as a representation of accounts receivable, accounts payable and vouchers as it is used in accounting. While the rights-type CT can be used as divisible fixed-income bonds or as an investment vehicle. Integrate both types of CTs with a matching methodology can thus be used in any kind of peer-to-peer (P2P) system of the decentralized finance, such as crowdfunding and P2P lending. This paper thus applying this new model to solve the complex issues of supply chain finance. For feasibility, this study concludes CT is the “Verdinglichung Obligatorischer Rechte”, and CTs are better than the current corporate loans in terms of cost and benefits. In addition, it is capable of transferring risk to other investors. In terms of implementation, this paper proposes a system framework and has completed a proof of concept of the system.
關聯 FinTech, Vol.2, No.1, pp.170-204
資料類型 article
DOI https://doi.org/10.3390/fintech2010012
dc.contributor 風管博七
dc.creator (作者) 陳哲斌
dc.creator (作者) Chen, Che-Pin;Huang, Kai-Wen;Kuo, Yung-Chi
dc.date (日期) 2023-03
dc.date.accessioned 2024-10-04-
dc.date.available 2024-10-04-
dc.date.issued (上傳時間) 2024-10-04-
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/153830-
dc.description.abstract (摘要) This paper defines Conditional Token (CT) as the token with specific conditions and proposes the use functions for its operations in smart contract so that it can be deployed at the public blockchain. If CTs were exchanged to/equivalent to fiat currency once then all conditions are realized, that is, the required performances and obligations/rights are agreed upon. In use, the obligation-type CT can be used as a divisible mortgage or be used as a representation of accounts receivable, accounts payable and vouchers as it is used in accounting. While the rights-type CT can be used as divisible fixed-income bonds or as an investment vehicle. Integrate both types of CTs with a matching methodology can thus be used in any kind of peer-to-peer (P2P) system of the decentralized finance, such as crowdfunding and P2P lending. This paper thus applying this new model to solve the complex issues of supply chain finance. For feasibility, this study concludes CT is the “Verdinglichung Obligatorischer Rechte”, and CTs are better than the current corporate loans in terms of cost and benefits. In addition, it is capable of transferring risk to other investors. In terms of implementation, this paper proposes a system framework and has completed a proof of concept of the system.
dc.format.extent 102 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) FinTech, Vol.2, No.1, pp.170-204
dc.subject (關鍵詞) supply chain finance; smart contract; DeFi; conditional token; verdinglichung obligatorischer rechte
dc.title (題名) Conditional Token: A New Model to Supply Chain Finance by Using Smart Contract in Public Blockchain
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.3390/fintech2010012
dc.doi.uri (DOI) https://doi.org/10.3390/fintech2010012