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World Bank Raises Additional AUD $50M Via Blockchain Bond

Blockchain proves once again that it is a must-have technology for financial institutions at all levels. Last week, the World Bank raised an additional AUD 50 million ($33.8 million) through its blockchain-based Kangaroo bond, called bond-i. Bond-i Sale Co-Managed by CBA, RBC, and TD The bond tap, ..

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a b..

World Bank Raises $33M Via Blockchain for Its Kangaroo Bond

News The World Bank announced on Aug. 16 that it raised an additional A$50 million (over $33 million) for its Kangaroo bond due August 2020, using a blockchain. The bank claims that this is the first bond which has been created, allocated, transferred and managed through its life cycle using dist..

XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown

Given Facebook’s 2 billion strong user base, will banks become more amenable to cryptocurrency adoption as a way of maintaining their relevance in international money transfer?

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