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World Bank to issue the world’s first blockchain bond

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Date: 10 Aug 2018 | By: | Story Source: CNBC ~ Go to Original Article

The World Bank has mandated Commonwealth Bank of Australia to arrange the world’s first blockchain bond.

The Kangaroo bond, referring to foreign bonds issued in Australia in the local currency, has been named bond-i, an acronym standing for Blockchain Offered New Debt Instrument. (It’s also a reference to Bondi Beach, an iconic spot in Sydney.)

According to the institution, the bond will be…

CONTINUE READING AT AUTHORS WEBSITE >>

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