In the new model, companies, banks and even states can issue obligations in the form of token bonds using technological solutions based on the Credits blockchain platform.
Bonds issuance on the blockchain
At the moment, bonds are issued by companies and banks, and subject to a large number of formalities. The sale of bonds is done mainly through exchanges and brokers.
In a majority of occasions, bonds are placed on the local market due to legislative restrictions.
Mandatory, yet not always justified, involvement of third parties at the stage of issuance.
Buyers of foreign bonds lose due to currency conversions.
Most bonds are available only for professionals.
The absence of a single global platform for issuing bonds.
The specificity of the bonds on blockchain is that they won't work with traditional depositories, but in Credits network. The sale (moving of the asset) does not occur with the use of clearing participants, but with the help of Credits solutions for moving bonds between the accounts.
Bonds are issued as a token on the blockchain platform. The issuer uses smart contracts as a technological solution for managing security parameters.
All transfers are displayed in the public transaction register. The sender and the receiver can be sure that the transfer is complete since they have access to the same data storedin the blockchain.
The management of the income calculation logic and its transfer is done with the help of built-in software solutions - smart contracts. This is a stand-alone solution that runs on the basis of Java code.
The attraction of financing using blockchain solutions has a number of advantages, and is generally easier than traditional financing.
Blockchain bonds cause exclusion of intermediaries and change the approach of interaction with investors: everyone, irrespective of their location, can be an investor, and can invest in any project in any country.
Attracting financing in large volumes and using a more simple procedure than using traditional issues.
The company can offer its obligations regardless of the location.
Simplicity of involving investors by selling bonds to a wide range of investors. A simple exchange of bonds for money or a cryptocurrency.
The open API enables integration with other services: crediting under bonds, circulation on exchanges, and exchange of bonds for assets.
Absence of exchange rate problems with foreign investors when calculating in national currency. Crypto-exchanges find the optimal exchange rate.
Release does not require permits. Anyone can issue obligations if there is a demand (taking into account the legislative requirements of countries).
Blockchain as the future of securities
We have created a unique blockchain platform, which makes it possible to adopt blockchain technology in a variety of existing industries
Single protocol for issuing, storing and transferring various types of assets
Infrastructure on a distributed network with a public registry
Accounts system with public, and private keys
Set of security systems
Built-in programming language for creating services
We have a strong team of programmers and support offering:
Consultations on how to use our technologies
Help with PoC (proof of concept) and MVP development