The First Digital Bond Issued In A Regulated Market By SIX Points To A Need For Standards

 The First Digital Bond Issued In A Regulated Market By SIX Points To A Need For Standards

Momentous events do not appear to be significant when they happen. Scarcely anyone noticed when the bitcoin paper was uploaded to the cypherpunks mailing list back in 2009. Now, it has spawned a few new industries and shaken up many established industries. Similarly, the release of the first digital bond in a regulated market announced by SIX yesterday did not cause any significant waves. Of course, it is unfair to compare the effects of the release of a homegrown piece of code by a lone wolf to the actions of an institution like the Swiss Stock Exchange. However, both are linked through the data-structure of the blockchain.

The bond market is relatively staid, however it does not lack drama, such as the Argentinian sovereign default and its attendant…

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