Publication Reversible Composable Contracts | Blockchain@X

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Reversible and Composable Financial Contracts

It is widely believed that financial markets cannot be liquid without centralised processes to manage counterparty risk. We propose an alternative method for liquidity based on reversible and composable contracts run atop a blockchain. Novel instruments for zero-collateral intermediation can be defined.


Julien Prat

Research Director at CNRS and Associate Professor in Economics at Ecole Polytechnique

Jean Krivine

Vincent Danos


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