German technology conglomerate Siemens has issued a second digital bond worth 300 million euros using the SWIAT permissioned blockchain. The one-year bond used Germany's Trigger solution to automate central bank payments through the TARGET 2 system, settling in just a few minutes.
The company said in a recent press release that this quick settlement contrasts with Siemens' previous issuance of 60 million euro bonds on the Polygon blockchain, which took two days to settle.
The offering is part of the European Central Bank's (ECB) wholesale settlement trial for distributed ledger technology (DLT).
Siemens issues second digital bond worth 300 million euros
2024-09-04 12:52:17
Germany technology enterprise group siemens utilization swiat license areadesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
西门子发行第二笔数字债券,价值 3 亿欧元Next article:
Coinbase首席法律官:无论谁赢得美国总统大选都将利好加密行业