Australia’s Biggest Bank Launches World’s First Blockchain Bond With World Bank

Australia has maintained a Blockchain-friendly position with its government-backed exploration of Blockchain technology for various applications. Now, it is getting ready to issue the world’s first Blockchain bond upon being mandated by the World Bank.

Australia to Create Distributed Ledger Bonds

The Commonwealth Bank of Australia (CBA) will reportedly create, allocate, transfer and manage the bond using Blockchain technology. The $AUD Kangaroo bond, named “bond-i”, will be delivered…

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