European Investment Bank taps blockchain for Climate Awareness Bond
The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve the environmental footprint of infrastructure.
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The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve the environmental footprint of infrastructure.
Skandinaviska Enskilda Banken (SEB) and Credit Agricole have launched a blockchain-based platform called "so|bond," which allows institutional clients to issue, trade and settle bonds digitally. The platform uses a validation protocol called "Proof of Climate awaReness," which minimizes its environmental footprint while incentivizing nodes to improve their environmental impact. (Read More)
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