Posts in category

bonds


The Austrian government is to use the ethereum blockchain to notarize the auction of a government bond worth €1.15 billion, or around $1.3 billion. The Federal Government’s Finance Agency (OeBFA) has assigned banking giant Oesterreichische Kontrollbank (OeKB) to carry out the auction on its behalf on Oct. 2, according to a finance ministry announcement Tuesday. The bank’s …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cryptocurrency purists often dismiss private blockchains as overly expensive undertakings for projects that are better served …

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The World Bank has exceeded its $73 million goal for its upcoming blockchain bond by $8 million, according to a new announcement. As previously reported by CoinDesk, Australia’s Commonwealth Bank (CommBank) intends to settle the bond, dubbed bond-i (for blockchain operated new debt instrument), on Tuesday, marking the first time the World Bank settles a …

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The World Bank is expected to settle its first blockchain-based bond worth $73 million this month. Australia’s Commonwealth Bank (CommBank), which was selected as the sole arranger of the issuance by the World Bank early in August, said the bond is to be transacted on Aug. 28, as reported by Reuters on Thursday. Engineered to …

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The World Bank Group has partnered with the Commonwealth Bank of Australia (CBA) to issue a bond using blockchain. The CBA, one of the “Big Four” commercial banks in Australia, said in a release on Friday that it had won a mandate from the World Bank to arrange the issuance of the bond, which will …

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Confronted with substantial federal funding reductions, Berkeley, California, is turning to crypto tokens as away to fund services like affordable housing. Mayor Jesse Arreguin and councilman Ben Bartlett have teamed up with San-Francisco-based investment startup Neighborly to advance an initiative that would divide municipal bonds into micro-bonds and then sell them as tokens in what …

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In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please …

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The Commonwealth Bank of Australia has revealed a plan to issue a bond over a blockchain system, possibly as soon as next year. Though few details were revealed, Sophie Gilder, CommBank’s head of blockchain, said that the bond would be transferred and paid for over a blockchain-based system in collaboration with an unnamed major world …

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Blockchain startup Nivaura will today initiate its first bond denominated exclusively in ether. But what’s truly disruptive about the issuance isn’t the cryptocurrency denomination itself. Rather, its that the bond will be cleared, settled and registered on the public ethereum blockchain, potentially rendering irrelevant traditional central securities depositories. Built under the regulatory oversight of Britain’s …

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