# Yet another payment system 
(https://utrust.io/) and  [whitepaper](https://s3-eu-west-1.amazonaws.com/utrust/whitepaper/en/UTRUST-whitepaper-en-2017-10-15.pdf)......  how to classify and distinguish between them

# Rewriting financial infrastructure 
[Digital Asset Platform](http://www.digitalasset.com/), and a useful general whitepaper mapping out the space attached

see attached "Blockchain is not a panacea" for discussion, see [Blythe Masters: Should you invest in blockchain and why?](https://www.youtube.com/watch?v=3mdhr4_T-nQ) and [Blythe Masters Unveils Fix for Blockchain Privacy Concerns](https://www.youtube.com/watch?v=3mdhr4_T-nQ), [financial conveyor](https://www.youtube.com/watch?v=tBQWflEnvbQ)

# do you need a blockchain?

-see particular criteria for using this particular decentralised database (attached several papers) a) Blockchain is not a panacea - problems of ownership, identification, *netting* , and ... in particular, liquidity and transparency (for illiquid assets), calculating risk and PL b) limitations of smart contracts

-[Avoiding the pointless blockchain project](https://www.multichain.com/blog/2015/11/avoiding-pointless-blockchain-project/)

-important point is how blockchain cannot make the world riskless (see point 2 in "Impossible cases for smart contracts")