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The Austrian government will issue bonds with the help of blockchain

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Bonds, with the help of the blockchain on the Ethereum platform, will be issued for an amount of $1.35 billion in Austria. Securities will be issued at an auction, which will be held on October 2, Tuesday. The issue of debt obligations will be led by representatives of Oesterreichische Kontrollbank (OeKB). This is the largest bank in Austria, whose assets are about $26 billion. Employees of the bank will issue bonds of the Federal Agency of the country for financing and monitor the processes of notarial verification through the ... Read more about " The Austrian government will issue bonds with the help of blockchain " on coinatory.com

The World Bank to issue first blockchain bonds

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The World Bank instructed Commonwealth Bank of Australia to issue the world"s first blockchain bonds, according to the bank"s PR service. The bonds will be created, placed, transferred and managed only with the help of distributed ledger technology, the bank said. The same technology underlies cryptocurrency and records all transactions reliably. For the new financial product, the designation bond-i was chosen. The operations will start on a certain platform, but in the future, the World Bank does not exclude that the placement ... Read more about " The World Bank to issue first blockchain bonds " on coinatory.com