South Korean central bank tests blockchain for bond markets

bank-of-korea
The Bank of Korea

South Korea’s central bank is testing a platform for bond transactions based on distributed ledger technology, a local media source reports.

The Bank of Korea (BoK) is investigating whether a blockchain-powered system could speed up transactions in the Korean bond markets, the report by Yonhap Infomax said.

The DLT project will involve separate nodes related to the bond transaction process, which include the BoK, the Korea Fair Trade Commission and eligible financial institutions.

When a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: