Commonwealth Bank of Australia to issue a blockchain-based bond

Blockchain Technology

The World Bank has ordered the Commonwealth Bank of Australia (CBA) to issue a bond based on the blockchain. Reportedly, the Blockchain Offered New Debut Instrument (bond-i) would be ‘created, allocated, transferred, and managed using blockchain technology.’ The World Bank and CBA have been using private Ethereum blockchain. However, CBA remains open to accept other blockchains.

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