This time last year, it seemed as if bond issuance in tokenized form was taking off. Siemens had issued its first corporate bond on blockchain and the European Investment Bank issued a first sterling bond on a combination of public and private chains.
However, the lack of progress over the last 12 months is evidenced by the attention attracted by a Canadian olive oil bottling company issuing a €500,000 blockchain-based bond last June.
DLT technology is very different to traditional technology… and there are a limited number of experts available to plan large-scale migrations
David Creer, GFT
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