Problem

A bank wants to engage multiple parties, financial institutions and local businesses to raise funds for green infrastructure projects by issuing bonds. The bank does not intend to use the traditional capital markets infrastructure of depositories, securities clearing agencies, and exchanges, a key requirement for such broad-based capital formation for large-scale green infrastructure projects.

Solution

The bank launches a project with Akemona for primary issuance and secondary trading of blockchain-based smart bonds. Smart bonds can be directly traded and settled without requiring exchanges, depositories, clearing agencies and brokers. In addition, smart bonds simplify coordination among deal participants, reduce duplication and make management of bond life cycle more efficient. The bank intends to partner with Akemona to build a smart bonds marketplace after completion of the current project.

Use Cases of Digital Tokens

Tokens have been used for a long time in casinos, theatres, restaurants, and parking. What’s new is that now we have a way of creating digital tokens which can neither be duplicated, nor double-spent. This allows us to mint digital tokens which can be used on the Internet for performing a myriad of functions, for example:

• Enable fractionalized ownership of an asset to the members of a community.
• Offer permission to use certain scarce asset or resource.
• Raise funds for investment (issuing security tokens which operate like stocks and bonds).
• Allow instantaneous transfer of funds between two parties (using money equivalent tokens, like stablecoins).
• Conduct trustless transactions between unknown parties (through smart contracts).
• Launch your own stablecoin.
• Transfer money equivalent digital assets without proprietary financial networks, such as, Visa, Mastercard, Swift, etc.
• Create digital depository receipts.

At Akemona, we can help you transform your business with tokenized assets in a hyperconnected digital economy.