Post
Topic
Board Altcoin Discussion
Re: World Bank launched blockchain bond completion pricing
by
TimeTeller
on 23/08/2018, 09:02:04 UTC
According to Reuters news on August 23, the World Bank launched the blockchain bond Bondi (Bondi) has been priced at 100 million Australian dollars (about 73.16 million US dollars). It is reported that the bond is a two-year, yield to maturity of 2.251%, and will be released on August 28.
What's the link for that Bondi? I've tried to look with several searches but no one seems to appear with what you are saying. 5 days from now and that's going to be August 28 so what's going to be the big news if we can't look for that link about this?

Alright I saw it already.
(https://www.livemint.com/Money/W1skKyHsraJNnYKJ6IPvJI/World-Bank-launches-worldfirst-blockchain-bond.html)
(https://www.nasdaq.com/article/world-bank-prints-first-public-blockchain-bond-with-a110m-bondi-20180823-00037)
(https://www.nasdaq.com/article/world-bank-seen-pricing-first-blockchain-bondi-bond-this-week-20180822-01012)


Once this project is up and running, they will fully understand the benefit of blockchain particularly in the financial world.
The conventional method will be soon obsolete and with this new technology, they will realized that they can save a lot of money and manpower.
Aside from the fact that, it's easy to trace what's happening in every transaction that they will create.
And very soon, others will follow once the success of the project is established. Sometimes, they need assurance that it actually works.