OCBC Bank has unveiled a $1 billion commercial paper program leveraging blockchain technology, marking a significant step in digitizing debt instruments in Asia. The initiative aims to streamline issuance, improve transparency, and reduce settlement times for corporate borrowers and investors. By integrating blockchain into its operations, OCBC seeks to modernize the traditionally paper-heavy commercial paper… Continue reading OCBC Launches $1 Billion Blockchain-Based Commercial Paper Program
Tag: Blockchain
U.S. Government Explores Blockchain to Secure Economic Statistics
In an effort to enhance the credibility and transparency of federal economic reporting, the U.S. government is exploring the use of blockchain technology for publishing official statistics. This initiative aims to safeguard critical data, including employment figures, inflation metrics, and GDP growth, from manipulation or errors. By leveraging a decentralized ledger, policymakers hope to provide… Continue reading U.S. Government Explores Blockchain to Secure Economic Statistics