A New Kind of Student Loan — Tokenizing Income Share Agreements and Trading them Using OpenLaw and Ethereum

Josh Ma
Josh Ma
Jun 12 · 7 min read
Photo by Fabian Blank on Unsplash

Executing an Income Share Agreement

An OpenLaw agreement that can be executed between a Student and Provider, creating an ERC-20 token

Managing your Tokens

The Manage page shows the ISA tokens that a user owns

Summary so far

Secondary Markets

Executing an Income Share Assignment Agreement

An OpenLaw agreement that can be executed between a Buyer and Seller to assign an ERC-20 ISA token

Payment of the Income Share

Where students may make payments into their ERC-20 ISA token
Apportionment of ETH payment from student between token holders

Conclusion

Thanks to Ross Campbell

Josh Ma

Written by

Josh Ma

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