🇦🇹 Austria to issue government bonds using Ethereum
One of Austria's largest banks plans to conduct an auction for approximately $1.35 billion in government bonds on behalf of the Austrian Treasury using the public Ethereum blockchain. Oesterreichische Kontrollbank will conduct the auction and notarize hash values to the Ethereum blockchain using data from the existing Austrian Direct Auction System. While the issuance does not go as far as tokenizing the bonds on the blockchain it is one of the first times a Western government has used public Ethereum to issue bonds.
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