Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform 

Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain. MTS announced Tuesday that it had placed commercial bonds of 750 million rubles ($12.11 million), with the primary buyer being Sberbank, using a proprietary blockchain platform provided by the National Settlement Depository (NSD)…

The post Sberbank Buys Commercial Bonds Issued Over Blockchain Platform appeared first on Complete Bitcoin Guide for Beginners.

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