  In this note we describe the application of existing smart contract
technologies with the aim to construct a new digital representation of a
financial derivative contract. We compare several existing DLT based
technologies. We provide a detailed description of two separate prototypes
which are able to be executed on a centralized and on a DLT platform
respectively. Beyond that we highlight some insights on legal aspects as well
as on common integration challenges regarding existing process and system
landscapes. For a further introductory note and motivation on the theoretical
concept we refer to
https://www.law.ox.ac.uk/business-law-blog/blog/2018/12/smart-derivative-contract-constructing-digital-financial-derivative
. A very detailed methodological overview of the concept of a smart derivative
contract can be found in doi:10.2139/ssrn.3163074.
