Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds
Published on: Wednesday 26 September 2018
Austria’s government is set to use the Ethereum (ETH) public blockchain to issue €1.15 billion ($1.35 billion) of government bonds in an auction next week, local news outlet Kleine Zeitung reports September 25. Oesterreichische Kontrollbank (OeKB) — one of Austria’s biggest banks with $26 billion in assets in 2017 — will reportedly operate the live blockchain notarization service. During the auction, scheduled for October 2, the bank will issue the bonds on behalf of the Austrian Treasury (OeBFA).
News source: https://uk.finance.yahoo.com/news/austria-ethereum-public-blockchain-issue-121300652.html
