Bank of China Tokenizes $2.8 Billion Worth of Bonds

Bank of China Tokenizes $2.8 Billion Worth of Bonds

In early December 2019, the Bank of China issued $2.8 million worth of bonds via blockchain technology. China has become increasingly active with the use of blockchain, through a national digital currency, a developing security token framework, and now the issuance of nearly $3 billion worth of bonds.