To empower users, or organizations, interaction on the FinP2P node we are introduction the Indication of Interest (aka IOI) into the FinP2P protocol. IOI is a mechanism for users on to broad FinP2P network to show interest in engaging in a financial activity with another user over the FInP2P network, the IOI creates a base for users to express their interest in a flexible and extendable manner to accommodate for various finance operations, e.g. Secondary Trading of a given Asset’s tokens or Collateralized loans to name a few.
Intents are a new Resource type (105) on the FinP2P protocol, they are managed by the Primary Node of the resource on which the intent is created upon and shared by that Node to other Nodes on the network, the Node may utilize a dedicated private ACL to control and limit the distribution of the intent across the network.
The container model representing the common information related to any intent created, contains the unique intent resource id, intent status, start and end time of the intent offer in addition contains the base terms and instruction involving the asset and settlement terms and instruction.
The terms and instruction models define the relevant assets which take part in the intent, Term indicate the Asset information, the Instruction indicate the relevant Asset’s account information, Settlement Term indicate the expected Asset to be received as a settlement for the operation and provide the value of each unit, UnitValue may indicate an absolute value, percentage or even ratio.