ABOUT CAST CHALLENGE

Are you working on a blockchain related project, and looking to develop an offer on Security tokens with renowned market participants?

The CAST CHALLENGE aims at offering open-source solutions for Security Tokens markets’ stakeholders compatible with the CAST Framework. It seeks to respond to existing problems met by financial institutions, most notably investors, to find efficient ways for the use of Distributed Ledger Technology and Security Tokens at bank-grade level.


The CAST (Compliant Architecture for Security Tokens) Framework is a new market standard and open source set of computer code components designed for the issuance, custody and trades of securities on a blockchain. It has been trialed and approved in substantial issuances made for years by systemic regulated institutions (banks, supranationals, brokers, etc.). The CAST CHALLENGE is the first fully online digital event related to the CAST Framework.


Create standardized open-source computer code components compatible with the CAST Framework. Get the opportunity to participate in real transactions of Security Tokens with international institutions.


Learn more about CAST Framework on : https://www.cast-framework.com

CHALLENGE TIMELINE

 30th June:
End of inscriptions

18th & 19th July:
Hackathon final
& Demo Day

1st > 17th July:
Ideation phase

WHY JOIN?

The CAST Challenge is a very unique initiative for startups and companies working on blockchain related issues.
Besides the prize pool, you will have the chance to:

Discover new market opportunities in finance

Collaborate with major industry leaders

Optimise your solution tackling real-business issues

Showcase your solution to gain market visibility

Work hand in hand with like-minded professionals to really make the difference

Gain insight on your team skills and work from a professional jury

DISCOVER THE USE CASES

Use Case 1

Create standards to translate CAST into ISDA-ICMA-ISLA Common Domain Model / ICMA Bond Data Taxonomy compatible language

Which attributes, functionalities and definitions for a CAST compatibility to ISDA's Common Domain Model (CDM)? To ICMA’s Bond Data Taxonomy (BDT)? To ANNA's work on digital assets’ taxonomy? This use case will consist in the integration within CAST smart contracts of the ongoing standardization processes of the international trade associations ISDA, ICMA and ANNA.

Use Case 2

Build on-chain settlement (Delivery-versus-Payment) business rules/tooling

How to provide on-chain the delivery-versus-payment of security tokens? This use case will focus on the creation of business rules (and potentially computer code) designed to facilitate “on-chain DvP” of security tokens transactions based on CAST framework.

JURY PANEL

Your project will be evaluated by jury members from

PARTNERS

FOCUS ON THE PREVIOUS EDITION

The CAST CHALLENGE aims at offering open-source solutions for Security Tokens markets’ stakeholders compatible with the CAST Framework. It seeks to respond to existing problems met by financial institutions, most notably investors, to find efficient ways for the use of Distributed Ledger Technology and Security Tokens at bank-grade level.


The CAST (Compliant Architecture for Security Tokens) Framework is a new market standard and open source set of computer code components designed for the issuance, custody and trades of securities on a blockchain. It has been trialed and approved in substantial issuances made for years by systemic regulated institutions (banks, supranationals, brokers, etc.). The CAST CHALLENGE is the first fully online digital event related to the CAST Framework.


Create standardized open-source computer code components compatible with the CAST Framework. Get the opportunity to participate in real transactions of Security Tokens with international institutions.

REWARDS

Up to €10K of prize reward for the 3 winning teams, and the opportunity for them to participate in real transactions of Security Tokens with international institutions

Challenge 1

Award

Challenge 2

Award

CONTACT

Any questions about the CAST Challenge?
Contact us at kenny@bemyapp.com

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