Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1755)
1755.
Name the bank which launched 'bond-i', the world's first bond to be created, allocated, transferred and managed by using distributed ledger technology.
Answer: Option
Explanation:
The World Bank launched 'bond-i', the world's first bond to be created, allocated, transferred and managed by using distributed ledger technology. This two-year bond successfully raised 110 million Australian dollars (USD 80.48 million). This was the first time that investors supported the World Bank's development activities in a transaction that is fully managed using the blockchain technology from start to finish.
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