World Bank launches first bond instrument built on a blockchain with the Australian Bank – TechCrunch
The World Bank has launched the first bond on a blockchain with the Commonwealth Bank of Australia. The A$110 million ($87 million) bond-i (blockchain operated new debt instrument) — so named, I’m assuming, because of Australia’s famed Bondi Beach (bankers have the funnies!) ̵…
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This is an interesting development I first read about earlier this month. No details on well distrobuted the blockchain is and the involvement of Microsoft troubles me but if its for Global Bank who lend money for developing nations, I'll accept it as a positive for now hutnthe jury remains out!