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Which of the following banks and the Commonwealth Bank of Australia (CommBank) has teamed up for ‘World First’ Blockchain Bond Transaction?
Asian Development Bank
Reserve Bank of India
Asian Infrastructure Investment Bank
Federal Reserve System
World Bank
The World Bank and the Commonwealth Bank of Australia (CommBank) have teamed up to enable recording of secondary market bond trading using blockchain tech. The institutions announced that their successful recording of a secondary transaction for bond-i, a blockchain-operated debt instrument, on a distributed ledger shows the “vast potential” of the technology, and marks the first bond to have both issuance and trading recorded on a blockchain platform. Bond-i was first issued last August by the World Bank, with the CommBank being a sole arranger. The experiment helped the World Bank raise $81 million at the time.
Hence option 5 is correct answer
By: Munesh Kumari ProfileResourcesReport error
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