Blockchain : World Bank Appoints CBA for First Blockchain Bond Deal
The World Bank appoints Commonwealth Bank of Australia (CBA) to deliver the first blockchain bond. Commonwealth Bank of Australia announced the news on the initial blockchain bond via a news release on their official site.
The first bond transaction in the world is solely implemented using blockchain. World Bank assigns the deal to CBA for settling a pioneer bond issue to implement using blockchain.
Their aim is to streamline the capital raising and trading as well. The Commonwealth Bank of Australia will arrange the first ever blockchain bond.
Have a complete read here: [https://coinpedia.org/news/world-bank-appoints-cba-blockchain-bond/](https://coinpedia.org/news/world-bank-appoints-cba-blockchain-bond/)
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
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