The World Bank launched the first bond in the block chain with the Federal Bank of Australia.
In Australia there is a donation (a new block chain managed debt certificate) with a value of A $ 110 million for the famous Bondi beach. In Australia, using distributed form technology,.
Investment is a small step for the finances of Australia and is a huge leap in block chains around the world.
Bond investors include CBA, First State Super, NSW Treasury Corporation, Northern Trust, QBE, SAFA, Victoria of Treasury Corporation. This is a group of public financial institutions in Australia, Australia's financial technology community is solid, and these institutions are certainly interested in exploring block chains.
According to the World Bank's statement, this will be one of the many experiences that global financial institutions realize in block chain research. Last June, the World Bank launched a technology innovation laboratory on block chains utilizing this technology.
"We are particularly impressed with breathing It is the subject of concern from fund managers, government agencies and banks. Since these high-quality investors understand the value of technological innovation in the capital market, we have definitely succeeded in transitioning from concept to reality, "said World Bank Arunma Oteh Treasury Secretary.
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Began the first bond changer built with the World Bank, a block chain with the Australian Bank
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