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The World Bank launched “Bond-I”, the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. What is the full form of “Bond-I”?
  • a)
    Blackmemory operated new investment
  • b)
    Blockchain operated new debt instrument
  • c)
    Bond operated new debt instrument
  • d)
    Blackchain organized new debt investment
  • e)
    Blockchain organized new debt instrument
Correct answer is option 'B'. Can you explain this answer?
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The World Bank launched “Bond-I”, the world’s first bond to be create...
The World Bank launched bond-I (blockchain operated new debt instrument), the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. The two-year bond raised A$110 million, marking the first time that investors have supported the World Bank’s development activities in a transaction that is fully managed using the blockchain technology.
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The World Bank launched “Bond-I”, the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. What is the full form of “Bond-I”?a)Blackmemory operated new investmentb)Blockchain operated new debt instrumentc)Bond operated new debt instrumentd)Blackchain organized new debt investmente)Blockchain organized new debt instrumentCorrect answer is option 'B'. Can you explain this answer?
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