Design Principle

DP3 - Automated on-chain payout mechanisms for investors

Integrate on-chain settlement using claim capabilities in disbursement, empowering investors to control the timing and method of interest payments and removing reliance on issuer/platform trustworthiness.

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Concept identity

design-knowledge/bond-markets-tokenization-tac-dp3

Open concept record

Producer label: DP3
Source paper: Designing the future of bond markets: Reducing transaction costs through tokenization
Timestamp: 2026-08-05T00:00:00+00:00
Bundle path: design-knowledge/bond-markets-tokenization-tac-dp3.md

bond-markets-tokenization-tacdesign-principlefinance-bondssecuritiestokenizationtransaction-costs

Design principle DP3: Automated on-chain payout mechanisms for investors

Source paper

This design principle is proposed by Designing the future of bond markets: Reducing transaction costs through tokenization (David Cisar, Benjamin Schellinger, Jens-Christian Stoetzer, Vincent Gramlich, Tobias Guggenberger, Nils Urbach, Florian Lennart Weiss, 2025).

Addresses

Design objective DO-4: Optimized information sharing

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1 Design Objective

design-knowledge/bond-markets-tokenization-tac-do4

DO-4 - Optimized information sharing

The prototype should reduce information asymmetries, creating transparency across permitted stakeholders and reducing risk, while still ensuring investor privacy for data protection and banking confidentiality.

bond-markets-tokenization-tacdesign-objectivefinance-bondssecurities+2

1 Paper

papers/bond-markets-tokenization-tac

Designing the future of bond markets: Reducing transaction costs through tokenization

Using a transaction-cost-theory lens, the paper identifies seven meta-requirements and derives five design objectives for an Ethereum-based bond prototype, from which it formulates five design principles for blockchain-based bond markets: apply modular design, exploit multi-token standards, automate on-chain payouts, restrict forced-transfer functions to regulators, and implement smart-contract-based crypto securities registers.

blockchainbond-markets-tokenization-tacdesign-science-researchfinance-bonds+3

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Incoming backlinks

Designing the future of bond markets: Reducing transaction costs through tokenization
Paper
Source
Designing the future of bond markets: Reducing transaction costs through tokenization
Target
DP3 - Automated on-chain payout mechanisms for investors
Link label
Design principle DP3: Automated on-chain payout mechanisms for investors
Status
Resolved
Derived heading context: Design knowledge

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Knowledge graph

3 of 3 concepts · 5 directed relationships

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{
  "type": "design-principle",
  "title": "DP3 - Automated on-chain payout mechanisms for investors",
  "description": "Integrate on-chain settlement using claim capabilities in disbursement, empowering investors to control the timing and method of interest payments and removing reliance on issuer/platform trustworthiness.",
  "resource": "https://doi.org/10.1007/s12525-025-00753-3",
  "source_paper": "Designing the future of bond markets: Reducing transaction costs through tokenization",
  "label": "DP3",
  "tags": [
    "bond-markets-tokenization-tac",
    "design-principle",
    "finance-bonds",
    "tokenization",
    "transaction-costs",
    "securities"
  ]
}