World Bank and uline{.65cm} joined hands for Worlds first Blockchain Bond Transaction.

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

World Bank and ______ joined hands for World’s first Blockchain Bond Transaction.

A	Australian Securities Exchange
B	Commonwealth Bank of Australia
C	National Australia Bank
D	ING

Explanation:

Detailed explanation-1: -The World Bank. “World Bank Prices First Global Blockchain Bond, Raising A$110 Million.” The World Bank.

Detailed explanation-2: -Detailed Solution: The World Bank launched bond-I (blockchain operated new debt instrument), the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology.

Detailed explanation-3: -The World Bank launched world’s first public blockchain bond named bond-i created, allocated, transferred and managed by using blockchain technology. Bond-i is an acronym standing for Blockchain Offered New Debt Instrument and also refers to tourist famous Bondi Beach in Sydney, Australia.

Detailed explanation-4: -A smart bond (or blockchain Bond) is a specific type of an automated bond contract that uses the capabilities of blockchain databases that can operate as cryptographically-secure yet open and transparent general ledgers. This is sometimes referred to as Distributed Ledger Technology (DLT).

There is 1 question to complete.