Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

The Commonwealth Bank of Australia (CBA) was awarded the rights to issue and operate financial bonds solely powered by blockchain technology, as reported by mortgagebusiness on July 13, 2018. World’s First Blockchain Bond Termed the world’s first bond “created, allocated and managed using blockchain technology,” the CBA holds the distinction of being selected by the World Bank to pilot the…

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