So once a position with its coverage is entered

[tanjimajuha20]

This tragic case and so many others (the London Whale Bruno Iksil at JP Morgan, Fabrice Tourre at Goldman Sachs in New York are among the most emblematic), had the merit in hindsight of " whistling the end of the game ". Not to put an end to single and derivative financial markets , which have an undeniable macroeconomic utility for managing and hedging corporate financial risks, but to set up a robust financial risk management control, with effective linkedin database and exemplary monitoring of positions in banks, financial institutions, insurance companies, fintechs and also corporate treasuries. The impressive development of compliance services in all stakeholders of the financial markets and the development of Blockchain technology and the implementation of Smart Contracts linking firm positions on single, cash financial markets and their coverage with firm and conditional, plain vanilla and exotic derivative products in an irrefutable way, that is to say that, once implemented in the decentralized blockchain, these Smart contracts cannot be challenged or modified. Indeed, one of the valuable advantages of Blockchain technology is to ensure systematic tracing of all operations on all regulated financial markets.



in the Smart Contract, it is no longer possible to modify it; just as it is not possible that, in a Delta One type activity , a single or cash transaction can be entered in a Smart Contract without its coverage with a firm and/or conditional commitment derivative product being imperative. Thus, " forgetting " to cover risks with firm and/or conditional derivative products will no longer be possible. Returning to the Back Office system to modify coverage positions in a Smart Contract will no longer be possible, because the very construction of this Blockchain technology prevents going back on a position set up in the Smart Contract . This securing of financial market positions is finally achieved thanks to the contribution of this Blockchain technology which also has other developments that are often much more publicized, namely cryptoassets. This decentralized Blockchain technology is therefore the culmination of monitoring the management of financial risks of all players in the financial markets and completes all the Mifid and Basel IV 2019 systems.