Bankchain

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

<header class=”article__header”> </header> <strong>Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s …

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