Express

Bank Of Korea Is Looking To Deploy Blockchain In Bond Market

Janelle Fox

Summary: The Bank of Korea is seeking a blockchain services provider in order to develop a blockchain bond system which would make it possible to distribute bond records to all participants, according to a report from local publication Yonhap Infomax. The Bank of Korea had reportedly launched a Proof of Concept (PoC) project in late 2019 ...

The Bank of Korea is seeking a blockchain services provider in order to develop a blockchain bond system which would make it possible to distribute bond records to all participants, according to a report from local publication Yonhap Infomax.

The Bank of Korea had reportedly launched a Proof of Concept (PoC) project in late 2019 which would allow for the movement of bond transaction records that are currently maintained by the Korea Securities Depository to a blockchain-powered base of records accessible by multiple nodes.

By Janelle Fox

Last Update:

Tags: ,,
Link: Bank Of Korea Is Looking To Deploy Blockchain In Bond Market   [Copy]
Next:

Related Articles

  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 2 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 3 days ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 8 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 9 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 19 days ago

    • You need to login to comment.