CBA Trials World’s First Government ‘Cryptobond’ with Blockchain Tech
The Commonwealth Bank of Australia (CBA) has announced the issuance of a ‘cryptobond’ for the Queensland Treasury Corporation (QTC), with the claim as the first blockchain bond issuance by a government entity in Australia or anywhere the world. The Australian banking giant has further claimed that the Queensland Treasury Corporation – the state government’s central financing authority – has already used its permissioned private blockchain platform to generate a bond tender, see instant settlements with investors after viewing their bids in real time while finalizing investment allocation.....
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The US Food and Drug Administration (FDA), the government agency responsible for approving and regulating medical products, announced today its intent to study blockchain tech. Revealed in press materials published by IBM Watson Health, the research initiative will find the FDA teaming with IBM to explore how data from electronic medical records, clinical trials and health data from wearable devices could be better shared and audited using a blockchain. Initial tests will focus on clinical trials and real-world evidence data related to oncological data, according to the statements.....
American Stock Exchange Nasdaq is planning to increase the number of Bitcoin blockchain trials this year, the finance news network FT reported. According to the available reports, the New York group is hoping to initiate three-to-four trials within the next 12 months, a step that will improve the sluggish confirmation process on US securities markets to a wonderful extent. The decision meanwhile is speculated to be born out of a reason to stay ahead with NYSE which, just a few days back, launched the first exchange-calculated and distributed bitcoin index. But Nasdaq's Chief Executive Bob....
The Japanese government is reportedly plotting a pro-innovation sandbox that will encourage FinTech startups to enter the banking industry through regulator-free trials. According to a report by prominent Japanese publication Nikkei, the government looking to update its often-criticized FinTech regulations to make it easier for new innovative services to take shape in the country. According to the report, a pro-innovation government panel discussed a suggested proposal for a regulatory sandbox on Friday. The new framework will encourage corporations and startups alike to trial new services....
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called the Factset Global Blockchain Technologies Index. Blackrock Files to Launch a Blockchain ETF The investment firm with $10 trillion in assets under management (AUM) as of January 2022, Blackrock, hopes to launch an exchange-traded fund (ETF) called the Ishares blockchain tech ETF. That’s....
Two doctors have recently devised a concept that makes clinical trial documents immutable using blockchain technology. A universal method of keeping clinical research untampered is an issue within the medical field. Often these trials can be manipulated, and the resulting treatment and medication can be over-exaggerated. A Peer-Reviewed Clinical Trial....