When conducting corporate bond financing projects, the most headache-inducing part is the interest distribution. Corporate finance has to manually calculate each investor's holding days, deduct taxes, and then transfer funds via bank transactions one by one. After all the hassle, not only do investors experience slow fund arrivals, but accounts often don't match either.

Recently, after reviewing asset tokenization cases of projects like Momo Medical and Van Aalst Group on Dusk Network and NPEX, I truly understood the power of the concept of "programmable yield."

Through the XSC standard, bonds issued by real-world enterprises are directly transformed into on-chain smart assets. On the interest payment day, corporate finance no longer needs to process thousands of transfer instructions; they just send a single payment to the smart contract. The contract automatically calculates each holder's (including retail investors holding fragments) entitled yield based on a snapshot of on-chain holdings, then immediately sends DUSK or compliant stablecoins to their wallets.

This kind of experience is truly different. As an investor, there's no need to chase payments or worry about delays caused by administrative inefficiencies; as a company, complex investor relations management instantly becomes a contract interaction. The cash flow logic seamlessly integrates with blockchain code, turning RWA from a conceptual idea into real, precisely recorded earnings on every transaction.