The Government of Israel and TASE are working with digital asset infrastructure companies Fireblocks and VMWare to conduct live testing of a new blockchain platform that uses cryptographic and smart contracts for transactions and payments digital bonds.

Israel’s Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue blockchain-based digital state bonds.

The goal of the government and TASE is to streamline processes, reduce costs, and shorten the time it takes to issue and clear government bonds.

The live test will see digital bond units issued to the redemption participants’ e-wallets, paid for in digital currency to be transferred to the Israeli government’s e-wallet.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Elise

CoinCu News

Blockchain-Based Digital

crypto

Israel

TASE

Tel Aviv Stock Exchange

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Victor

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News

Government Of Israel And TASE Issue Blockchain-Based Digital State Bonds

The Government of Israel and TASE are working with digital asset infrastructure companies Fireblocks and VMWare to conduct live testing of a new blockchain platform that uses cryptographic and smart contracts for transactions and payments digital bonds.

Israel’s Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue blockchain-based digital state bonds.

The goal of the government and TASE is to streamline processes, reduce costs, and shorten the time it takes to issue and clear government bonds.

The live test will see digital bond units issued to the redemption participants’ e-wallets, paid for in digital currency to be transferred to the Israeli government’s e-wallet.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Elise

CoinCu News

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