Algorithmic Contract Types Unified Standards

Algorithmic Contract Types Unified Standards (ACTUS) is an attempt to create a globally accepted set of definitions and a way of representing almost all financial contracts. Such standards are regarded as important for transaction processing, risk management, financial regulation, the tokenization of financial instruments, and the development of smart contracts for decentralized finance (DeFi) using blockchain technology. ACTUS is used as a reference standard by the Office of Financial Research (OFR), an arm of the US Treasury.