Ethereum Based Blockchain help Austria Auction Bonds

Austria, which is in a growing state of debt, has tapped the Ethereum Blockchain to issue bond sales and help it get out of debt. The bonds themselves are not tokenized but the transactions are stored on the blockchain. This is another step towards clarity in regulation and also blockchains and tokens being used fully in the future to do important tasks. It is a good sign for cryptocurrency altogether and great for Ethereum as it gives the ETH chain large use cases even though it is technologically behind competitors such as TRON and EOS.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s