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

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 5 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago

    • You need to login to comment.