Smart Contracts and their Application to Finance
This session provides a detailed look at smart contracts – what they are, where they came from and how they grew in popularity. From alternative methods of funding through to tokenization, we explore the fundamental terminology of these new programmable contracts, for which we will introduce how they can be applied the finance industry in general to Islamic finance in particular. Smart contracts would essentially allow credible transactions without intermediation whereby the transactions are trackable and irreversible. This disruptive technology would change the way finance is done in the future. Hence, we explore its uses from smart Sukuk to decentralized Takaful models and automated Wakalah.
Optional learning management integration:
Each of our training sessions includes access to our cloud based learning management system. The R1 LMS provides written, audio and video transcripts of the course content, which is continuously updated each day as the industry evolves.
Other exciting features provided by the R1 LMS include:
- Social Study Groups
- Tamper-proof Certification
- Optional Self-Sovereign Identities
ntegrated industry-specific simulation training modules include:
- Equity Crowdfunding & P2P Microlending
- OTC Secondary Markets & Unit Trusts
- Automated Escrow & Exchange
- Islamic Smart Contracts