World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
The World Bank and the Commonwealth Bank of Australia (CommBank) have teamed up to enable recording of secondary market bond trading using blockchain tech.
World Bank President: Distributed Ledger Technology Has ‘Huge Potential’
The president of the World Bank Group Jim Yong Kim has stated that distributed ledger technology (DLT) has “huge potential” and that the bank should keep pace with innovative technologies. Kim spoke at the International Monetary Fund (IMF) and the World Banks’ Annual Meeting in Bali, Indonesia Oct. 11.
World Bank launches world-first blockchain bond
The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.
World Bank Taps Australia's CBA to Issue Blockchain Bond in Its First
The World Bank Group has partnered with the Commonwealth Bank of Australia (CBA) in a move aimed to issue a bond using blockchain for the first time.