Merged in rnicoll-obligation-fungible (pull request #199)

Add commodities to provide worked example of a different thing under Obligation
This commit is contained in:
Ross Nicoll 2016-08-01 14:26:13 +01:00
commit 0ac29bec26
5 changed files with 340 additions and 14 deletions

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@ -0,0 +1,283 @@
package com.r3corda.contracts.asset
import com.r3corda.contracts.clause.AbstractConserveAmount
import com.r3corda.contracts.clause.AbstractIssue
import com.r3corda.contracts.clause.NoZeroSizedOutputs
import com.r3corda.core.contracts.*
import com.r3corda.core.contracts.clauses.*
import com.r3corda.core.crypto.Party
import com.r3corda.core.crypto.SecureHash
import com.r3corda.core.crypto.newSecureRandom
import com.r3corda.core.crypto.toStringShort
import com.r3corda.core.node.services.Wallet
import com.r3corda.core.utilities.Emoji
import java.security.PublicKey
import java.util.*
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//
// Commodity
//
// Just a fake program identifier for now. In a real system it could be, for instance, the hash of the program bytecode.
val COMMODITY_PROGRAM_ID = CommodityContract()
//SecureHash.sha256("commodity")
/**
* A commodity contract represents an amount of some commodity, tracked on a distributed ledger. The design of this
* contract is intentionally similar to the [Cash] contract, and the same commands (issue, move, exit) apply, the
* differences are in representation of the underlying commodity. Issuer in this context means the party who has the
* commodity, or is otherwise responsible for delivering the commodity on demand, and the deposit reference is use for
* internal accounting by the issuer (it might be, for example, a warehouse and/or location within a warehouse).
*/
// TODO: Need to think about expiry of commodities, how to require payment of storage costs, etc.
class CommodityContract : ClauseVerifier() {
/**
* TODO:
* 1) hash should be of the contents, not the URI
* 2) allow the content to be specified at time of instance creation?
*
* Motivation: it's the difference between a state object referencing a programRef, which references a
* legalContractReference and a state object which directly references both. The latter allows the legal wording
* to evolve without requiring code changes. But creates a risk that users create objects governed by a program
* that is inconsistent with the legal contract
*/
override val legalContractReference: SecureHash = SecureHash.sha256("https://www.big-book-of-banking-law.gov/commodity-claims.html")
/**
* The clauses for this contract are essentially:
*
* 1. Group all commodity input and output states in a transaction by issued commodity, and then for each group:
* a. Check there are no zero sized output states in the group, and throw an error if so.
* b. Check for an issuance command, and do standard issuance checks if so, THEN STOP. Otherwise:
* c. Check for a move command (required) and an optional exit command, and that input and output totals are correctly
* conserved (output = input - exit)
*/
interface Clauses {
/**
* Grouping clause to extract input and output states into matched groups and then run a set of clauses over
* each group.
*/
class Group : GroupClauseVerifier<State, Issued<Commodity>>() {
/**
* The group clause does not depend on any commands being present, so something has gone terribly wrong if
* it doesn't match.
*/
override val ifNotMatched: MatchBehaviour
get() = MatchBehaviour.ERROR
/**
* The group clause is the only top level clause, so end after processing it. If there are any commands left
* after this clause has run, the clause verifier will trigger an error.
*/
override val ifMatched: MatchBehaviour
get() = MatchBehaviour.END
// Subclauses to run on each group
override val clauses: List<GroupClause<State, Issued<Commodity>>>
get() = listOf(
NoZeroSizedOutputs<State, Commodity>(),
Issue(),
ConserveAmount()
)
/**
* Group commodity states by issuance definition (issuer and underlying commodity).
*/
override fun extractGroups(tx: TransactionForContract): List<TransactionForContract.InOutGroup<State, Issued<Commodity>>>
= tx.groupStates<State, Issued<Commodity>> { it.issuanceDef }
}
/**
* Standard issue clause, specialised to match the commodity issue command.
*/
class Issue : AbstractIssue<State, Commodity>({ -> sumCommodities() }, { token: Issued<Commodity> -> sumCommoditiesOrZero(token) }) {
override val requiredCommands: Set<Class<out CommandData>>
get() = setOf(Commands.Issue::class.java)
}
/**
* Standard clause for conserving the amount from input to output.
*/
class ConserveAmount : AbstractConserveAmount<State, Commodity>()
}
/** A state representing a commodity claim against some party */
data class State(
override val amount: Amount<Issued<Commodity>>,
/** There must be a MoveCommand signed by this key to claim the amount */
override val owner: PublicKey
) : FungibleAsset<Commodity> {
constructor(deposit: PartyAndReference, amount: Amount<Commodity>, owner: PublicKey)
: this(Amount(amount.quantity, Issued<Commodity>(deposit, amount.token)), owner)
override val deposit: PartyAndReference
get() = amount.token.issuer
override val contract = COMMODITY_PROGRAM_ID
override val exitKeys: Collection<PublicKey>
get() = Collections.singleton(owner)
override val issuanceDef: Issued<Commodity>
get() = amount.token
override val participants: List<PublicKey>
get() = listOf(owner)
override fun move(newAmount: Amount<Issued<Commodity>>, newOwner: PublicKey): FungibleAsset<Commodity>
= copy(amount = amount.copy(newAmount.quantity, amount.token), owner = newOwner)
override fun toString() = "Commodity($amount at $deposit owned by ${owner.toStringShort()})"
override fun withNewOwner(newOwner: PublicKey) = Pair(Commands.Move(), copy(owner = newOwner))
}
// Just for grouping
interface Commands : FungibleAsset.Commands {
/**
* A command stating that money has been moved, optionally to fulfil another contract.
*
* @param contractHash the contract this move is for the attention of. Only that contract's verify function
* should take the moved states into account when considering whether it is valid. Typically this will be
* null.
*/
data class Move(override val contractHash: SecureHash? = null) : FungibleAsset.Commands.Move, Commands
/**
* Allows new commodity states to be issued into existence: the nonce ("number used once") ensures the transaction
* has a unique ID even when there are no inputs.
*/
data class Issue(override val nonce: Long = newSecureRandom().nextLong()) : FungibleAsset.Commands.Issue, Commands
/**
* A command stating that money has been withdrawn from the shared ledger and is now accounted for
* in some other way.
*/
data class Exit(override val amount: Amount<Issued<Commodity>>) : Commands, FungibleAsset.Commands.Exit<Commodity>
}
override val clauses: List<SingleClause>
get() = listOf(Clauses.Group())
override fun extractCommands(tx: TransactionForContract): List<AuthenticatedObject<FungibleAsset.Commands>>
= tx.commands.select<CommodityContract.Commands>()
/**
* Puts together an issuance transaction from the given template, that starts out being owned by the given pubkey.
*/
fun generateIssue(tx: TransactionBuilder, tokenDef: Issued<Commodity>, pennies: Long, owner: PublicKey, notary: Party)
= generateIssue(tx, Amount(pennies, tokenDef), owner, notary)
/**
* Puts together an issuance transaction for the specified amount that starts out being owned by the given pubkey.
*/
fun generateIssue(tx: TransactionBuilder, amount: Amount<Issued<Commodity>>, owner: PublicKey, notary: Party) {
check(tx.inputStates().isEmpty())
check(tx.outputStates().map { it.data }.sumFungibleOrNull<Commodity>() == null)
val at = amount.token.issuer
tx.addOutputState(TransactionState(CommodityContract.State(amount, owner), notary))
tx.addCommand(Commands.Issue(), at.party.owningKey)
}
/**
* Generate a transaction that consumes one or more of the given input states to move money to the given pubkey.
* Note that the wallet list is not updated: it's up to you to do that.
*/
@Throws(InsufficientBalanceException::class)
fun generateSpend(tx: TransactionBuilder, amount: Amount<Issued<Commodity>>, to: PublicKey,
commodityStates: List<StateAndRef<State>>): List<PublicKey> =
generateSpend(tx, Amount(amount.quantity, amount.token.product), to, commodityStates,
setOf(amount.token.issuer.party))
/**
* Generate a transaction that consumes one or more of the given input states to move money to the given pubkey.
* Note that the wallet list is not updated: it's up to you to do that.
*
* @param onlyFromParties if non-null, the wallet will be filtered to only include commodity states issued by the set
* of given parties. This can be useful if the party you're trying to pay has expectations
* about which type of commodity claims they are willing to accept.
*/
// TODO: These spend functions should be shared with [Cash], possibly through some common superclass
@Throws(InsufficientBalanceException::class)
fun generateSpend(tx: TransactionBuilder, amount: Amount<Commodity>, to: PublicKey,
commodityStates: List<StateAndRef<State>>, onlyFromParties: Set<Party>? = null): List<PublicKey> {
// Discussion
//
// This code is analogous to the Wallet.send() set of methods in bitcoinj, and has the same general outline.
//
// First we must select a set of commodity states (which for convenience we will call 'coins' here, as in bitcoinj).
// The input states can be considered our "wallet", and may consist of coins of different currencies, and from
// different institutions and deposits.
//
// Coin selection is a complex problem all by itself and many different approaches can be used. It is easily
// possible for different actors to use different algorithms and approaches that, for example, compete on
// privacy vs efficiency (number of states created). Some spends may be artificial just for the purposes of
// obfuscation and so on.
//
// Having selected coins of the right currency, we must craft output states for the amount we're sending and
// the "change", which goes back to us. The change is required to make the amounts balance. We may need more
// than one change output in order to avoid merging coins from different deposits. The point of this design
// is to ensure that ledger entries are immutable and globally identifiable.
//
// Finally, we add the states to the provided partial transaction.
val currency = amount.token
val acceptableCoins = run {
val ofCurrency = commodityStates.filter { it.state.data.amount.token.product == currency }
if (onlyFromParties != null)
ofCurrency.filter { it.state.data.deposit.party in onlyFromParties }
else
ofCurrency
}
val gathered = arrayListOf<StateAndRef<State>>()
var gatheredAmount = Amount(0, currency)
var takeChangeFrom: StateAndRef<State>? = null
for (c in acceptableCoins) {
if (gatheredAmount >= amount) break
gathered.add(c)
gatheredAmount += Amount(c.state.data.amount.quantity, currency)
takeChangeFrom = c
}
if (gatheredAmount < amount)
throw InsufficientBalanceException(amount - gatheredAmount)
val change = if (takeChangeFrom != null && gatheredAmount > amount) {
Amount<Issued<Commodity>>(gatheredAmount.quantity - amount.quantity, takeChangeFrom.state.data.issuanceDef)
} else {
null
}
val keysUsed = gathered.map { it.state.data.owner }.toSet()
val states = gathered.groupBy { it.state.data.deposit }.map {
val coins = it.value
val totalAmount = coins.map { it.state.data.amount }.sumOrThrow()
TransactionState(State(totalAmount, to), coins.first().state.notary)
}
val outputs = if (change != null) {
// Just copy a key across as the change key. In real life of course, this works but leaks private data.
// In bitcoinj we derive a fresh key here and then shuffle the outputs to ensure it's hard to follow
// value flows through the transaction graph.
val changeKey = gathered.first().state.data.owner
// Add a change output and adjust the last output downwards.
states.subList(0, states.lastIndex) +
states.last().let { TransactionState(it.data.copy(amount = it.data.amount - change), it.notary) } +
TransactionState(State(change, changeKey), gathered.last().state.notary)
} else states
for (state in gathered) tx.addInputState(state)
for (state in outputs) tx.addOutputState(state)
// What if we already have a move command with the right keys? Filter it out here or in platform code?
val keysList = keysUsed.toList()
tx.addCommand(Commands.Move(), keysList)
return keysList
}
}
/**
* Sums the cash states in the list, throwing an exception if there are none, or if any of the cash
* states cannot be added together (i.e. are different currencies).
*/
fun Iterable<ContractState>.sumCommodities() = filterIsInstance<CommodityContract.State>().map { it.amount }.sumOrThrow()
/** Sums the cash states in the list, returning null if there are none. */
fun Iterable<ContractState>.sumCommoditiesOrNull() = filterIsInstance<CommodityContract.State>().map { it.amount }.sumOrNull()
/** Sums the cash states in the list, returning zero of the given currency if there are none. */
fun Iterable<ContractState>.sumCommoditiesOrZero(currency: Issued<Commodity>) = filterIsInstance<CommodityContract.State>().map { it.amount }.sumOrZero<Issued<Commodity>>(currency)

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@ -4,7 +4,7 @@ import com.r3corda.core.contracts.*
import java.security.PublicKey
import java.util.*
class InsufficientBalanceException(val amountMissing: Amount<Currency>) : Exception()
class InsufficientBalanceException(val amountMissing: Amount<*>) : Exception()
/**
* Interface for contract states representing assets which are fungible, countable and issued by a

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@ -2,6 +2,7 @@ package com.r3corda.contracts.asset
import com.r3corda.contracts.asset.Obligation.Lifecycle
import com.r3corda.core.contracts.*
import com.r3corda.core.crypto.NullPublicKey
import com.r3corda.core.crypto.SecureHash
import com.r3corda.core.serialization.OpaqueBytes
import com.r3corda.core.testing.*
@ -36,7 +37,7 @@ class ObligationTests {
)
val outState = inState.copy(beneficiary = DUMMY_PUBKEY_2)
private fun obligationTestRoots(
private fun cashObligationTestRoots(
group: LedgerDSL<TestTransactionDSLInterpreter, TestLedgerDSLInterpreter>
) = group.apply {
unverifiedTransaction {
@ -331,7 +332,7 @@ class ObligationTests {
fun `close-out netting`() {
// Try netting out two obligations
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -346,7 +347,7 @@ class ObligationTests {
// Try netting out two obligations, with the third uninvolved obligation left
// as-is
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -361,7 +362,7 @@ class ObligationTests {
// Try having outputs mis-match the inputs
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -374,7 +375,7 @@ class ObligationTests {
// Have the wrong signature on the transaction
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -389,7 +390,7 @@ class ObligationTests {
fun `payment netting`() {
// Try netting out two obligations
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -403,7 +404,7 @@ class ObligationTests {
// Try netting out two obligations, but only provide one signature. Unlike close-out netting, we need both
// signatures for payment netting
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Alice's $1,000,000 obligation to Bob")
input("Bob's $1,000,000 obligation to Alice")
@ -415,7 +416,7 @@ class ObligationTests {
// Multilateral netting, A -> B -> C which can net down to A -> C
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Bob's $1,000,000 obligation to Alice")
input("MegaCorp's $1,000,000 obligation to Bob")
@ -429,7 +430,7 @@ class ObligationTests {
// Multilateral netting without the key of the receiving party
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Issuance") {
input("Bob's $1,000,000 obligation to Alice")
input("MegaCorp's $1,000,000 obligation to Bob")
@ -442,10 +443,10 @@ class ObligationTests {
}
@Test
fun `settlement`() {
fun `cash settlement`() {
// Try settling an obligation
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Settlement") {
input("Alice's $1,000,000 obligation to Bob")
input("Alice's $1,000,000")
@ -497,11 +498,35 @@ class ObligationTests {
}
}
@Test
fun `commodity settlement`() {
val defaultFcoj = FCOJ `issued by` defaultIssuer
val oneUnitFcoj = Amount(1, defaultFcoj)
val obligationDef = Obligation.Terms<Commodity>(nonEmptySetOf(CommodityContract().legalContractReference), nonEmptySetOf(defaultFcoj), TEST_TX_TIME)
val oneUnitFcojObligation = Obligation.State(Obligation.Lifecycle.NORMAL, ALICE,
obligationDef, oneUnitFcoj.quantity, NullPublicKey)
// Try settling a simple commodity obligation
ledger {
unverifiedTransaction {
output("Alice's 1 FCOJ obligation to Bob", oneUnitFcojObligation between Pair(ALICE, BOB_PUBKEY))
output("Alice's 1 FCOJ", CommodityContract.State(oneUnitFcoj, ALICE_PUBKEY))
}
transaction("Settlement") {
input("Alice's 1 FCOJ obligation to Bob")
input("Alice's 1 FCOJ")
output("Bob's 1 FCOJ") { CommodityContract.State(oneUnitFcoj, BOB_PUBKEY) }
command(ALICE_PUBKEY) { Obligation.Commands.Settle<Commodity>(Amount(oneUnitFcoj.quantity, oneUnitFcojObligation.issuanceDef)) }
command(ALICE_PUBKEY) { CommodityContract.Commands.Move(Obligation<Commodity>().legalContractReference) }
verifies()
}
}
}
@Test
fun `payment default`() {
// Try defaulting an obligation without a timestamp
ledger {
obligationTestRoots(this)
cashObligationTestRoots(this)
transaction("Settlement") {
input("Alice's $1,000,000 obligation to Bob")
output("Alice's defaulted $1,000,000 obligation to Bob") { (oneMillionDollars.OBLIGATION between Pair(ALICE, BOB_PUBKEY)).copy(lifecycle = Lifecycle.DEFAULTED) }

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@ -19,27 +19,32 @@ import java.util.*
//// Currencies ///////////////////////////////////////////////////////////////////////////////////////////////////////
fun currency(code: String) = Currency.getInstance(code)!!
fun commodity(code: String) = Commodity.getInstance(code)!!
@JvmField val USD = currency("USD")
@JvmField val GBP = currency("GBP")
@JvmField val CHF = currency("CHF")
@JvmField val FCOJ = commodity("FCOJ")
fun DOLLARS(amount: Int): Amount<Currency> = Amount(amount.toLong() * 100, USD)
fun DOLLARS(amount: Double): Amount<Currency> = Amount((amount * 100).toLong(), USD)
fun POUNDS(amount: Int): Amount<Currency> = Amount(amount.toLong() * 100, GBP)
fun SWISS_FRANCS(amount: Int): Amount<Currency> = Amount(amount.toLong() * 100, CHF)
fun FCOJ(amount: Int): Amount<Commodity> = Amount(amount.toLong() * 100, FCOJ)
val Int.DOLLARS: Amount<Currency> get() = DOLLARS(this)
val Double.DOLLARS: Amount<Currency> get() = DOLLARS(this)
val Int.POUNDS: Amount<Currency> get() = POUNDS(this)
val Int.SWISS_FRANCS: Amount<Currency> get() = SWISS_FRANCS(this)
val Int.FCOJ: Amount<Commodity> get() = FCOJ(this)
infix fun Currency.`issued by`(deposit: PartyAndReference) = issuedBy(deposit)
infix fun Commodity.`issued by`(deposit: PartyAndReference) = issuedBy(deposit)
infix fun Amount<Currency>.`issued by`(deposit: PartyAndReference) = issuedBy(deposit)
infix fun Currency.issuedBy(deposit: PartyAndReference) = Issued<Currency>(deposit, this)
infix fun Commodity.issuedBy(deposit: PartyAndReference) = Issued<Commodity>(deposit, this)
infix fun Amount<Currency>.issuedBy(deposit: PartyAndReference) = Amount(quantity, token.issuedBy(deposit))
//// Requirements /////////////////////////////////////////////////////////////////////////////////////////////////////
class Requirements {

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@ -420,3 +420,16 @@ enum class NetType {
*/
PAYMENT
}
data class Commodity(val symbol: String,
val displayName: String,
val commodityCode: String = symbol,
val defaultFractionDigits: Int = 0) {
companion object {
private val registry = mapOf<String, Commodity>(
Pair("FCOJ", Commodity("FCOJ", "Frozen concentrated orange juice"))
)
fun getInstance(symbol: String): Commodity?
= registry[symbol]
}
}