I’d like to sell a bond. I’d like to choose the interest rate. (Assume there are enough buyers for this discussion.) I want the bond to be secured with counterparty (or similar). I want the principal of the loan and also the interest paid to investors to be fully escrowed into the blockchain so there is nil risk (so I can get the lowest rate).
Here is an example. I issue a bond that can be divisible (is it called a bond at that point or shares or loan? shrug) for 1 btc. I set the rate at 1% APR (denominated in btc) for 1 year. So, a total amount of 1.01 btc must be escrowed into the blockchain and automatically released to investors after exactly 1 year. There is no oracle, no broadcast, no betting, no derivatives, no manual intervention–it is all automatic.
How do I do this?