Blockchain creators call for new reference data paradigm

Derivatives trade identifiers to leverage off cryptographic hashes and permit at-state consumption of data by regulators

How should identifiers for derivatives be designed today to best enable their use in a blockchain-enabled world tomorrow?

Aristotle pioneered probably the earliest known system of classification in the fourth century BC, grouping organisms as plants or animals with further sub-divisions such as habitat and size. Linnaeus, in the eighteenth century, expanded taxonomic classification to lay the foundations for our current understanding of the living world.

Today, the financial industry is grappling with the problem of how to catalogue a bewildering array of over-the-counter and exchange-traded derivatives. The stakes