[ICO] [ANN] FIC Network: Bonds on Blockchain

[Doomredeemer]

FIC Network is building a blockchain-based ecosystem that will facilitate the trading of institutional-grade fixed income products. Quite ordinary but still good

[Tator]

the technology will ultimately allow users to list, buy, and sell any type of fixed income security

[Gajurus]

The project  provides  read-only access to auditors, law firms, rating agencies, valuation firms, and regulators, as these entities may benefit from direct platform access

[Ggolcoy]

FIC Network has taken a cue from early innovations in the U.S. bond market in its attempt to optimally structure the network’s underlying trading framework. What do you think about that?

[Dondallon]

I've heard something about Expected Cash Flows. It was created in order to facilitate granular customization across dimensions of time and obligor quality. But could you tell us more about this?

[Hucama]

It is fairly well that loan payments are typically defined by a date, an interest component, and a principal component, and all three may change after origination (in cases of restructuring, prepayment, late payment, etc.)

[Captain_Killer]

But don’t you think that a payment of this kind is therefore highly mutable and hard to predict?
ECFs, on the one hand, are defined by a set location in the overall payment sequence and neither the amount nor the location ever change...

[mitalo]

ECFs appear to be well-suited as both the basic building blocks of portfolio creation  and as units of trade in global markets

[Pie_Man]

Pre-Sale ended on April 13, am I right?

[gastlator]

I think everyone can feel free to DM any of the admin with questions and feedback

[GEOmile]

Since ECFs don’t need to correspond to actual payments, the originator can control the number, size and timing of ECFs. If ECFs matched the payment schedule precisely, the originator would inadvertently telegraph information about his or her business processes to competitors.

[ticulves]

This ability to separate payments and ECFs also allows an originator to break down a large, potentially illiquid payment into several smaller ECFs that may be easier for the market to digest.

[Gozragore]

I am totally sure that the bundled attitude is most suitable for trades in the primary market or large trades in the secondary market and involves creating an inventory account to house the group of ECFs that will be traded as a unit.

[macolde]

Using this approach, the seller fields incoming bids from potential buyers, using a timed locking feature to efficiently and securely close the transaction with the selected bidder.

[Grotilar]

The project is great, and it is worth considering primarily as an investment opportunity. And I can say to you that this opportunity looks enormous

[recnapon]

I'm not entirely sure about competitors. After all, similar projects have been created on the basis of the blockchain. Or maybe I'm confusing something?

[lookbooker]

my fics are on etherwallet, what do I need to do to start a new exchange after start mannet?

[OBMemo]

I'm not entirely sure about competitors. After all, similar projects have been created on the basis of the blockchain. Or maybe I'm confusing something?

I don't know what projects you mean. I can only say that something similar was in Polymath and Blockex. But the main difference between ficnetwork is that they are focused on tokenizing the debt market, while Poly is on the tokenization of the equities market, and Blockex is positioning itself more as a platform for investing in ico projects.

[monscepal]

The project is very complex. Not everyone will decide to participate in it...

[TrePexen]

Wow! The team reached the entire Soft cap. Really impressive