eNotes™ - The Lending Infrastructure for Web 3.0
Let's Talk!The future financial system will be on Web 3.0
FQX will provide the core lending infrastructure
A Piece Is Missing for DeFi to Fulfill Its Potential
Missing infrastructure layer
eNotes™ - The Lending Infrastructure Combining the Best of TradFi and DeFi
Crypto Loan
eNotes can map countless liquidity needs, with a few clicks
Commercial Paper
eNotes can map countless liquidity needs, with a few clicks
Issue Global Debt Instruments in Seconds
The eNote infrastructure
The eNote infrastructure consists of 2 layers: The eNote Engine and the RegTech Engine. Together they enable the legal enforceability of eNotes.
Possibility to freely customize liquidity need
NON DvP, Fiat, FvP, Crypto DvP
Multiple DLTs & wallets supported
Delaware, Singaporean, German, Swiss Law
Facilitates regulatory Compliance as a bolt-on service
The decentralized debt infrastructure for the future of finance.
What is an eNote?
eNotes are based on the globally proven, formerly paper-based “promissory notes”. An eNote is an unconditional promise to pay a specific sum to another party at a specific future date. Each eNote is modular, and can be structured to suit any financing purpose.
About eNotes
The eNotes system brings powerful new financing options to corporations and institutions. How? The system centres on a single building block: the innovative eNote.
Each eNote is an electronic version of the traditional paper promissory note. eNotes brings the financing flexibility of this debt instrument bang up to date.
With a promissory note, the issuer promises to pay the bearer a specific sum on a specific date. This note can then be redeemed for payment, sold-on, or used in a variety of financing applications. With the eNote, this versatility is unlocked for modern fintech.
Each eNote is blockchain-authenticated and, thanks to FQX expertise, legally-binding. What’s more, eNotes are built to last. Our use of decentralised architecture (and specifically smart contracts) means that each eNote has a limitless lifespan. Whatever happens to FQX or the original issuing business, the eNote will remain valid.
Our corporate clients already use eNotes to deliver yield on debt. And our institutional users deploy eNotes as exchangeable contracts at the heart of the Central Security Depository (CSD) system.
Modular, flexible and 100% legally-binding, the eNotes architecture bridges the gap between DeFi and TradFi.
Each eNote is:
• Legally binding
• Blockchain-authenticated
• Modular
• Fully-customisable
• Fully transferable to third-parties
• Low cost compared to existing instruments
Different applications for an eNote:
Short-term Debt (Crypto Economy): Any corporate issuer can borrow bilaterally from an investor using the modular eNote transaction engine with just a few clicks.
Money Markets: A corporate issuer can issue fractionalised eNotes to multiple investors using a modular eNote transaction engine with just a few clicks. The eNote is recorded on a central security depository (CSD), assigned an ISIN number, and connected to the traditional market infrastructure.
Trade & Supply Chain Financing: A buyer issues an eNote as a payment instrument to its supplier, who can sell the eNote to an investor and monetise their receivables. The investor is paid at maturity directly by the buyer, minimising documentation risk and risks of fraud.
Who can issue/hold an eNote?
FQX only validates eNotes by whitelisted businesses. The onboarding process is based on a KYB procedure.
What can I do with an eNote?
• The eNote can be redeemed with the issuer at the due date to secure payment.
• The eNote can be sold-on.
• The eNote can be used as the modular entity in a variety of profitable financing arrangements.
How can the eNote infrastructure be accessed?
A corporate can either go to the FQX platform, or can access a Channel Partner platform that has integrated our eNote Infrastructure