The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has “huge potential” and that the bank should keep pace with innovative technologies. Kim’s remarks came at the international monetary fund (IMF) and…
7 Investors Back First Blockchain Based Bond Dubbed Bond-I
The month of August saw the world bank and commonwealth bank of Australia come together to unveil the first ever blockchain bond in the global finance sector. This move has attracted a lot of interest from a large number of…
Australia’s Top Bank in Conjunction with the World Bank to Issue Exclusive Block Chain Bond
Australia’s largest bank which is the Commonwealth Bank of Australia (CBA), has issued a public bond exclusively through blockchain technology in conjunction with the World Bank. According to Reuters the World Bank’s official mandate for this groundbreaking project was first…