In the DeFi space ‘bonds’ (IOU’s) don’t yet play a role, also because of the fact that etherium’s smart contracts cannot handle the maths involved.
This company -I read- developed a new token which can handle bonds and will let companies and people issue their own bonds!
On their site it says:
We have developed the new ERC–3475 *to make securities possible on the blockchain. It empowers everyone to create their own bonds and derivatives like futures and options.*Each bond or derivative is assigned to a unique algorithm and does not require an additional smart contract.
2*.*
D*/*EXCHANGE
It is the marketplace where bonds and derivatives can be traded. It supports all auctions compatible with the ERC–3475 standard. After a bond is released to the market, its price decreases until somebody buys it
It might be interesting to partner as it might be a expansion/addition to choise’s vision of making ‘a choice to earn more”
I am interested to know what management thinks of this start-up! Are you too?