The Israeli Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue blockchain-based digital government bonds.
Local According to information from a news agency, Israeli government and TASE digital bonds trade and exchange digital asset infrastructure companies to perform live testing of the platform to be established for fireblock and VMWare announced that he was collaborating with Smart during trading and clearing of bonds to be traded on the platform from contracts and tokenization from technology will be used.
Investors who will buy from the bonds issued during the live test will be transferred from the Israeli state’s wallet to their own wallet. tokenized been taken digital to bonds Will have. Also, payments digital money unit of will be transferred to the wallet of the Israeli government.
Export periods of the purpose of the project shorten, facilitate and costs drop the government, stating that 19 October He made the following statements on the subject:
The digital bond is the beginning of our journey to a new world. This technology provides us with an important foundation that will serve as the foundation for the development of our other traditional mechanisms.