venom-financial-instruments

The standard for smart contracts and protocols for financial instrument . MIT Licensed, Open and cross-chain.

1. Digital Asset no is a Financial Instrument.
2. Digital assets as tokens, NFTs are assets not regulated by a competent authority.
3. Financial Instrument as company shares is a regulated asset by a competent authority.

knowing the above.

The use of Smart contracts for the management of financial instruments, in most countries requires compliance with a series of multilateral requirements according to financial regulations between jurisdictions and the type of financial instrument, conflicts of laws, privacy issues and legal security of those involved in the smart contract.

Example:
Negotiate company shares by ISIN, it is necessary to determine the jurisdiction of validity of the transaction, asset quality, market type, brochures, where to pay taxes for capital returns, transaction revocations, information of the issuer and receiver of the transactions, asset status that we are going to negotiate in a certain jurisdiction, legal blockades, legal recovery and all this among multiple laws that multilaterally affect the transactions of company shares.

Every time you develop dapps to manage regulated financial instruments. You will need this library to regulate with a competent financial authority.
It is an impact project, open and transparent. The standard allow scalable for other global fintech and new business models.

I want to regulate venom for the treatment of financial instruments. Specifically shares of listed companies for European Framework and We are looking for collaborators for the MENA Framework as market infrastructure.

Venom Enhance Proposals VEP : venom-financial-instruments

[https://forum.venom.foundation/t/venom-for-international-regulated-financial-instruments-fintech-and-developers/168](venom-financial-instruments)

Continuous life cycle for Venom community: https://docs.google.com/presentation/d/1dbU2XAXBhu4t3AQoiMBokYTz_82tl2VM_YvxpfCdMzs/edit?usp=sharing