The Israeli government and the Tel Aviv Stock Exchange ( TASE), BlockchainIt is preparing to issue a digital government bond.
Israel has also been involved in the developing crypto money ecosystem and Blockchain technology. TASE with Israeli government for a new digital government bond fireblocksand VMWare partnered with companies. The government, which wants to carry out the tests of the blockchain-based platform, will act according to the results.
Israel Will Build Blockchain-Based Platform
Israeli Ministry of Finance started working on digital government bonds. They carry out the preparations they carry out with TASE on the Blockchain network.
The government and TASE will operate via smart contracts for trading and transferring digital bonds. Government, infrastructure firms considering to support the network with tokenization transactions fireblocksand VMWarewill receive support from
The test, which will be carried out in live environments, will run in the electronic wallet system. Users who buy digital government bonds will be able to trade with the help of this wallet created by the government. At the same time, the wallet will be released as a trusted platform for holding and storing bonds.
Explaining the purpose of this study, the government stated that it wanted to facilitate all government bond transactions. Thanks to the blockchain-based platform, faster and less costly bond trading will be carried out.
