Yesterday Colombia’s central bank, Banco de la Republica, announced a blockchain bond pilot where the bond was issued by Banco Davivienda and subscribed by the Inter-American Development Bank, IDB.
The blockchain solution will be integrated with the central bank’s high value payment network, and Banco de la Republica also has an observer node on the network.
Beyond bond issuance, the solution will trial the entire lifecycle of the debt, including secondary market trading and redemption.
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