In this Spotlight article, the authors propose a rebuttal to one of the conclusions in ‘Sailing into the rules of smart contracts’, an article co-authored by Akber Datoo and Jeffrey Golden and published in the June edition of this journal ((2021) 6 JIBFL 387).
1 SEP 2021In April 2021, the European Investment Bank (EIB) issued its first ever notes in digital form on the Ethereum public blockchain. This was a milestone transaction in several respects: as a true financing using a blockchain register rather than a proof of concept; through the use of Central Bank Digital Currency at issue; and through the development of documentation to address the new technology. This article summarises the key features of the issuance and its relevance to future digital bond issuances.
1 SEP 2021