The World Bank release the world's first blockchain-bonds

The World Bank appealed to a major participant of the financial services Market- Commonwealth Bank of Australia with offer to issue the world's first bonds on the Ethereum blockchain platform.

The World Bank has instructed Commonwealth Bank of Australia to become the only one financial institution that will issue the world's first bonds which are created, placed, transferred and managed throughout its life cycle using blockchain technology.

The new type of debt instrument will be called bond-i. Operations with blockchain bonds will be carried out on a special platform after consultations with investors.

On materials of the following website: https://www.worldbank.org/en/news/press-release/2018/08/09/world-bank-mandates-commonwealth-bank-of-australia-for-worlds-first-blockchain-bond