Smart Bonds
Also known as: Digital Bond, Blockchain Bond
Blockchain-based bonds with programmable terms and automated execution.
Smart Bonds are fixed-income financial instruments issued and managed via smart contracts on a blockchain. They automate features like interest payments, maturity redemptions, and conditions based on predefined rules. Investors can purchase fractional bond positions, receive programmable payouts, and trade secondary-market bonds with transparency and efficiency. Smart Bonds streamline issuance, reduce intermediaries, and enable innovative structures—like revenue-linked or performance-triggered bonds—while requiring compliance and legal frameworks.