FIC Network is a blockchain-based, end-to-end, decentralised fixed income assets network that will enable the listing, exchange, securitization, and redemption of fixed income financial instruments. FIC Network is an asset-agnostic, multi-currency distributed ledger with rules and applications specific to the fixed income industry. The technology is scalable to the global fixed income and debt markets, which exceed US$230 trillion.
FIC token is considered a network service fee token and enables transfer of assets within seconds.
Hedge funds, banks, lenders, credit investors, insurance companies, rating agencies and other fixed income market participants need to deposit tokens to create accounts, list and create financial instruments (FI), bid, buy and sell FIs, establish cooperation (trustline) between members.