First Blockchain-Based Transaction Serviced by NSD Attracted Investors’ Interest in New Issues up to RUB 10-15 Billion in 2018
National Settlement Depository (NSD) sums up the results of Russia’s first transaction issuing commercial bonds based on the blockchain technology. On 22 December, the RUB 500 million commercial bond issue of MegaFon was paid off at par value; Raiffeisenbank was the organizer and buyer of the bond issue. A full life cycle of the security, based on blockchain technology, was implemented successfully: from placement to the full execution of the issuer’s obligations to the investor.

The MegaFon and Raiffeisenbank transaction which was carried out on NSD’s platform generated great interest by issuers and investors in the new technology for accounting rights to securities. According to NSD, in 2018, interest in blockchain-based bond issues may reach RUB 10-15 billion.

As part of the transaction’s structure, an issuer, a CSD, and an investor received access to a decentralized platform. NSD began working on the platform prototype for bond issues in the first quarter of 2017. Within the framework of the project, the issue of ensuring confidentiality when working with data on securities balances was resolved. Russian legal specifics were also taken into account.

Do you buy cryptocurrencies based on the looks of the logos?  That is a huge mistake if you do.  The logo actually is pleasant to many.  Not everyone has the same tastes, but to criticizes a project solely on the logo is unfair.  The Waves team will be making history in the cryptocurrency world.  Waves will soon be known as the Tsunami.   

Scoop this gem up while you can.

On the Gulden roadmap https://dev.gulden.com POW², SegSeg & Gulden for IOS all have an estimated release date of September, as you're on the slack, do you know if that is all still on track?