Why Governments and Institutions Are Putting Sovereign Debt Onchain - HackerNoon

Why Governments and Institutions Are Putting Sovereign Debt Onchain - HackerNoon

Source: HackerNoon

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DW NOTE

Blockchain does not solve the credit risk of sovereign debt. It solves custody and settlement — things that already work. A bond that clears in minutes instead of days is worth exactly what the issuer's fiscal position says it is worth. The term "onchain sovereign debt" describes a technical hosting choice, not an asset innovation.

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