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Dublin, Ireland | September 12-14, 2022
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Monday, September 12 • 14:15 - 14:55
Hosted Discussion: Private Credit on Blockchain - Anshuman Asthana, Marketnode

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Marketnode is working with Fund Managers, Cash Banks, Paying Agents and Loan Processing Units to create Marketnode CORE - a Loans CSD. Marketnode CORE is an ecosystem which starts post deal closure between issuer / borrower and lenders. - Marketnode CORE will be the golden source of the negotiated loan instrument. - Marketnode CORE will mint a Loan Token and during the tokenization process store financial information (coupon payments, tenor, interest rates, calculation methodology) plus non-financial covenants (via AI) on the token, helping issuer / borrower in servicing the loan. - In case there are more than one lender, Marketnode CORE will fractionalize the token. Post cash settlement / transfer (orchestrated by Marketnode CORE and cash banks) this token will be transferred to the wallets of the lenders. - Users will be able to connect to Marketnode CORE via hosting a node on our permissioned blockchain or APIs - In phase two, we will build direct connectivity to some of the loan servicing systems that agents use - ACBS, Loans IQ and Broadridge. We expect Marketnode CORE to start managing loans in Q3 2022 just in time to showcase this new use case in the forum. 

Monday September 12, 2022 14:15 - 14:55 IST
Wicklow Hall 1
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