/biz/ - Business & Finance

World Bank Launches 1st Global Blockchain Bond, K&WM Advises Anonymous Sat Aug 25 10:37:10 2018 No.10829542 [View]
File: 200 KB, 640x571, 4565734C-449E-4DA1-B5E3-2A56B6B71E5C.jpg [View same] [iqdb] [saucenao] [google]

>The World Bank infrastructure for the bond will run in Washington, DC, on the Microsoft Azure cloud computing platform, and is using a private Ethereum blockchain, it is understood. Microsoft said it validated the system’s operational capabilities, security and scale. It is also understood that it still made use of the traditional SWIFT global financial payments system used for normal fiat currency transactions, as opposed to taking a cryptocurrency approach.

$1000 EOY

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