For the first time this month, the World Bank is expected to export a Blockchain -based bond worth $ 73 million.
In August, the World Bank was the only regulator on bond issuance in August. According to Reuters, the bond is expected to start on August 28th.
The bond named “Bondi olan, which is planned to be achieved 2.2 percent, is the first Blockchain -based application that the World Bank issued to automate the export process among the parties.
According to Coindesk, the platform developed by the in -house blockchain center of Commank, where exports will be realized; It will use a distributed network to increase the efficiency of bond transactions between buyers, sellers and banks.
Unlike similar projects tested in private markets, Commank announced that it will be the world’s first bond export that collects money with public support.
The agreement shall be made by the World Bank as part of the sale of $ 50- $ 60 billion every year, in order to increase poverty in world-wide markets and increase sustainability.
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https://www.coindesk.com/the-world-bank-is-about-to-sette-a-blockchain-bond-worth-73-million/coindesk