Berlin Hyp Issues First-Ever Digital Mortgage Bond Utilizing Private Blockchain Technology
Wednesday, 7 August 2024, 14:31
Berlin Hyp Digital Mortgage Bond
Berlin Hyp has made a significant move by issuing its first digital mortgage bond on a blockchain.
Key Details of the Bond
- Yield: Nearly 3 percent
- Volume: 100 million euros
- Blockchain: Operates on SWIAT's private blockchain
This bond represents a pioneering effort in digital finance and showcases the advantages of using a private blockchain.
Conclusion
Berlin Hyp’s initiative may pave the way for more institutions to adopt blockchain technology in their operations, revolutionizing traditional finance.
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