A few months ago, the EIB launched a digital bond issuance on Ethereum, deploying this distributed ledger technology for the registration and settlement of digital bonds, in collaboration with Goldman Sachs, Santander and Societe Generale.
Let’s see what this means for finance.
Reading time: 3 minutes. Photo by fabio on Unsplash.
Decentralization over blockchain infrastructures is a fundamental aspect in the adoption of the technology and is the main reason why it has acquired increasing importance in the last decade. The technology emerged to implement peer to peer transactions of digital money that could displace commercial banks’ gatekeeping of digital transactions of bank deposits and central banks’ monopoly over the value (and therefore supply) of fiat money. And it has gone a long way since then.
Reading time: 10 minutes. Photo by Thought Catalog on Unsplash.