Israel completes blockchain-based bond tokenization pilot
The Israeli Ministry of Finance recently published a report on Project Eden, which listed efficiency, transparency, and enhanced security as benefits of blockchain.
The Israeli Ministry of Finance recently published a report on Project Eden, which listed efficiency, transparency, and enhanced security as benefits of blockchain.
Dubbed Project Eden, Tel Aviv Stock Exchange's plan seeks to leverage blockchain and smart contracts to foster efficiency and transparency in the market.
Israeli NBMs may soon be allowed to offer digital currency trading services as TASE seeks to develop the nation's capital market while shielding investors from risks associated with the asset class.
Israel's stock exchange ventures in digital asset trading under a new platform that utilizes blockchain technology, which it says will help achieve its goals, including improving customer engagement.
Attorney General Yali Rothenberg confirmed that the move to explore the use of blockchain is to open the nations to “new possibilities for the issuance and management of government debt.”
The Tel Aviv Stock Exchange plans to launch the Central Blockchain Securities Lending Platform on November 2, 2020.
TASE said the security lending platform will be based on the Hyperledger Sawtooth, which uses Intel software Guard Extension to encrypt data transactions.