[ad_1] ICO News 11 August 2018 13.02 GMT The World Bank (aka International Bank for Reconstruction and Development instructed the Commonwealth Bank of Australia (CBA) to organize the first global bond to be created, allocated, transferred and managed using blockchain technology. Named in Australian dollars, the Kangaroo bond, keenly called …
Read More »The World Bank will issue the world's first blockchain bond
[ad_2][ad_1] The World Bank logo is shown in the Philippine branch of the development lender. Jonathan Cellona, ABS-CBN News / File WASHINGTON – The World Bank is stepping into the brave new world of digital finance to sell the first bond ever issued entirely using blockchain technology, the bank [19659003] …
Read More »The World Bank is betting big on blockchain bonds
[ad_2][ad_1] The World Bank is betting big on blockchain bonds The World Bank has announced that it has hired one of the largest Australian banks to manage what defines the "first global loan to create, assign, transfer and manage "Using a blockchain – one of the clearest signs that technology …
Read More »The World Bank is about to raise funds with a blockchain bond
[ad_2][ad_1] The World Bank is turning to the blockchain to help it raise funds. The international lender is planning to release what he says is the world's first global blockchain bond, a notable official endorsement of emerging technology. Blockchain is better known as the technology behind bitcoin and other cryptocurrencies. …
Read More »The World Bank selects Commonwealth Bank for the world's first blockchain bond
[ad_2][ad_1] Win McNamee | Getty Images An employee walks outside the headquarters of the World Bank in Washington, in the United States. The World Bank has instructed the Commonwealth Bank of Australia to organize the world's first blockchain bond.
Read More »World Bank Commonwealth Bank of Australia mandates to issue bonds using Blockchain Tech
[ad_2][ad_1] Commonwealth Bank of Australia (CBA), the largest bank in the country, was mandated by the World Bank to organize a bond loan exclusively on a blockchain, according to a press release dated August 10th. CBA reportedly organize the first global security to be "created, allocated, transferred and managed using …
Read More »Bank of China CIO says Bank to increase investment in Blockchain, Fintech
[ad_2][ad_1] The state-run Commercial Bank of China, not to be confused with the People's Bank of China, announced plans to further invest in fintech innovation, according to the local paper The Paper August 9 Citing comments at a press conference on the banking sector, The Paper reports that the Bank …
Read More »World Bank breaks ground by selling blockchain bonds
[ad_2][ad_1] Henny Sender in Hong Kong 9 August 2018 Print this page The World Bank uses blockchain technology for the first time to sell a bond, in the sign that technology, whose lawyers say it has the potential to destroy capital markets, is arousing greater interest. [19659005] The Washington-based lender …
Read More »The Spanish Central Bank: Criptovaluta could improve monetary policy
[ad_2][ad_1] Central banks around the world have had unfavorable views on cryptocurrency, while the Spanish Central Bank, Banco de España (BDE), is an exceptional exception. The Banco de España (BDE) has recently published a report supporting cryptocurrency and blockchain technology. The report explores the pros and cons of having a …
Read More »South Korean bank Shinhan Bank, Telecom Giant KT, join efforts for the Blockchain solution
[ad_2][ad_1] South Korean giants Shinhan Bank and KT have collaborated on the development of a blockchain platform to exploit digital vouchers, which will be introduced by regional governments. Shinhan Bank, the second South Korean bank in terms of total assets, announced on Wednesday that it signed an agreement with the …
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