The first blockchain-powered platform that simplifies and streamlines the entire corporate bond lifecycle
Smart Bond Overview
Bond Smart contract is real life bond creation and exchange platform based on Xinfin network. That features KYC/AML inbuild and all the standard features such as organization as well as individual profile creation, bond creation with various types, etc.
Supported Tasks
You can perform the following tasks in the Smart Bond UI:
Account Creation and Updates
- Create an Account (coming soon)
- Sign in with Existing Account (coming soon)
- Create Bond and deploy on Blockchain
How it Works
To create a bond type in bond details like Bond Name, Industry, Ticker, ISIN, CUSIP, Moody's, S&P, Fitch, Type of Bond, Number of Decimals, Token Supply etc. If you have a coupon, type in coupon details like Minimum Contribution, Face Value, Coupon, Tenure, Discounted Value.
Click on Create Bond tab.
Enter all the details. Click on Create Button
Deploy Bond
As soon as you click on button, a smart contract will be created after retrieving all the bond data from the user. The retrieved bond data will have specifics like Order Timestamp, Trader Index, Bond Unique Identification Number, Bond Type, Bond Quantity, and Order Status. The retrieved data will also contain bonds settlement date or the date on which the coupon was purchased.
The bond is sent to XinFin Testnet for deployment automatically. As soon as the Bond is deployed, the contract will generate a unique address similar to ISIN, CUSIP (Its like your unique identity on XinFin Hybrid Blockchain).
It may take few minutes to deploy your Bond.
A pop will appear saying Bond Deployment in progress. Click Ok.
The generated unique address can be used as Identity for smart bond. You can use it for identification purposes and viewing quotes.