Programmable Treasury

Definition ∞ A programmable treasury is a financial management system that uses smart contracts and blockchain technology to automate and execute treasury functions based on predefined rules. This enables real-time asset management, automated payments, and rule-based liquidity provisioning for digital assets. It offers enhanced efficiency and transparency in financial operations. This system reduces manual intervention and operational costs.
Context ∞ Decentralized autonomous organizations and other blockchain-native entities increasingly use programmable treasuries to manage their collective funds. This approach offers greater transparency and efficiency in governance and resource allocation. The development of more sophisticated programmable treasury tools is an active area of research and implementation.