CryptoBond in Corda


(Donald Roy Airey) #1

I am proposing a cryptobond for consumer debt backed ABSs. The banks I’ve talked to said they’re uncomfortable with Etherium because it’s a cryptocurrency but would consider the same system on Corda. What I don’t understand from the white paper I’ve read is how does value get passed through the system. Can someone walk me through how, for example, Citi could put money in when a coupon is due and how Corda could them deliver something of value to Joe Consumer who purchased one of the cryptobonds?