The European Union’s investment bank is apparently about to do its first bond issuance on the blockchain. Blockchain is like a decentralized public ledger that can be used to keep a record of transactions without a central authority.
Kent Barton, the head of research and development at Shapeshift, says the two main advantages are efficacy—you can cut out back-office tasks—and reduced risk—nobody can change the records once they’ve been recorded. NTD asked him where things might go next in the space.