World Bank

World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond

The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond

World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction

The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.

IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight

Governors of central banks and IMF experts remain suspicious of open blockchains

Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

As Traditional Remittance Rates Soar, Crypto-Based Transfers Can Cut Costs in Africa by 90%Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […]

The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News.

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech.

IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

The International Monetary Fund and the World Bank have launched a private blockchain and a quasi-cryptocurrency to learn more about the technology

Blockchain Reality Does Not Match Advertisement, Says World Bank Official

World Bank official cautions over “big and flashy” tech such as blockchain

Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse

With a population of just 3.7 million, this nation is second only to China in crypto mining

New Remittances System to Tackle Crypto Volatility When International Payments Are Made

Despite being slow and expensive, international remittances hit high records in 2017. A fintech company says crypto can deliver much-needed improvements #SPONSORED

Blockchain Can Reshape Global e-Government Procurement, Say World Bank Experts

New report says e-Government procurement can benefit from blockchain usage

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