Commonwealth Bank to Trial Blockchain BioTokens for Biodiversity Investment

The Commonwealth Bank of Australia (CBA) is continuing its focus on blockchain technology, this time announcing a prototype it believes has the potential to boost sustainable development while enabling investment opportunities for landowners, environmental groups, developers, and government. Developed by CBA, alongside BioDiversity Solutions Australia (BDS), the prototype enables the creation of tradeable digital tokens…

World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

The World Bank has issued a second round of its landmark blockchain bonds. The international financial institution raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities. Both new and existing…