The problem SmartBond solves

A smart bond is a bond that incorporates smart contract technology on a blockchain network. Smart contracts are self-executing computer programs that automatically execute the terms of an agreement when certain conditions are met. By using smart contracts in a bond, issuers and investors can automate certain processes, such as coupon payments and bond redemption, which can reduce administrative costs and increase transparency.

Blockchain technology, on the other hand, provides a decentralized and secure platform for executing smart contracts. A blockchain is a distributed ledger that records transactions in a transparent and tamper-proof manner. By using a blockchain to execute smart contracts, issuers and investors can be assured that the terms of the bond are being executed accurately and securely.
In a smart bond blockchain, the bond would be represented by a digital token that is issued on a blockchain network. Investors would be able to buy and sell these tokens on a secondary market, providing liquidity to the bond market. The smart contract code would be embedded in the token, and the bond's terms would be executed automatically by the blockchain network.

Overall, a smart bond blockchain has the potential to revolutionize the bond market by reducing costs, increasing efficiency, and improving transparency. However, the adoption of this technology is still in its early stages, and there are many challenges that need to be addressed, such as regulatory compliance, interoperability between different blockchain networks, and ensuring the security and reliability of smart contracts.