Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»HACKING NEWS»Siemens’ €300 million digital bond settled in minutes on the SWIAT blockchain
HACKING NEWS

Siemens’ €300 million digital bond settled in minutes on the SWIAT blockchain

By Crypto FlexsSeptember 5, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Siemens’ €300 million digital bond settled in minutes on the SWIAT blockchain
Share
Facebook Twitter LinkedIn Pinterest Email
  • Siemens has issued a €300 million digital bond on SWIAT’s blockchain platform.
  • The bonds were settled in minutes, a significant improvement over Siemens’ previous bonds.
  • The participation of major German banks shows the growing interest in blockchain assets.

German technology giant Siemens has issued a €300 million digital bond, its second blockchain-based bond.

Issued under Germany’s Electronic Securities Act (eWpG), the bonds are part of the European Central Bank’s (ECB) efforts to explore the potential of blockchain in capital markets.

Siemens Makes Groundbreaking Progress in Bond Tokenization

Siemens’ digital bond issuance represents a notable step forward in bond tokenization.

A €300 million bond with a one-year maturity was issued on the SWIAT private blockchain platform and settled in a matter of minutes. This fast transaction time demonstrates a significant increase in speed and efficiency compared to traditional methods.

In 2023, Siemens issued a €60 million blockchain-based bond on the Polygon (MATIC) blockchain, which took two days to settle. It was a significant leap forward for a new bond to settle in minutes.

The bond issuance process utilized an automated trigger solution from the German Bundesbank, demonstrating how blockchain technology can streamline financial transactions.

The participation of major German financial institutions, including BayernLB, DekaBank, DZ BANK, and Landesbank Baden-Württemberg, in this issuance demonstrates the growing interest in blockchain-based assets among traditional financial institutions.

Siemens’ initiative not only supports the ECB’s distributed ledger technology (DLT) trials, but also sets a precedent for future digital securities.

Future Outlook and Industry Impact

Siemens’ move fits into a broader effort by the European Central Bank to integrate blockchain technology into existing financial systems.

By issuing bonds under eWpG, Siemens is pioneering the use of electronic securities and enhancing the viability of blockchain for capital markets. The rapid settlement time of the bonds achieved through a private blockchain platform suggests potential benefits in terms of reduced costs, increased transparency, and enhanced security.

Recently, blockchain-based bond issuance has been gradually expanding, with representative examples including the World Bank’s 2018 bond issuance and Japan’s Nomura Research Institute’s 2020 bond issuance.

Siemens’ latest digital bond reflects the growing trend towards tokenizing bonds, driven by the faster and more secure transactions promised by blockchain technology.

As the industry continues to evolve, the integration of smart contracts and blockchain technology is expected to accelerate, changing the way securities are issued and traded.


Share this article

Category

Tags

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$ 90m NOBITEX HACK: Fault by layer

July 1, 2025

Safe smart account audit summary

June 27, 2025

Encryption Inheritance Update: June 2025

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts

Looking for an Affordable Crypto PR Agency? Here’s What to Know Before You Spend

July 3, 2025

Crypto PR Packages for Startups: What You Need & How to Choose the Right One

July 3, 2025

Cheap Crypto Press Release: How to Promote Your Project Without Overpaying

July 2, 2025

The Ultimate Guide to Crypto Public Relations Packages

July 2, 2025

Submit Your Website to Crypto Directories and Boost Your Visibility Instantly

July 2, 2025

Cardano (ADA) -It is not damaged, but there is no fireworks that can be moved yet.

July 2, 2025

Verifiable OffChain Compute Framework Powering AI Applications

July 2, 2025

How to Start a Crypto Press Release Side Hustle and Keep 100% Profit (Step-by-Step Guide)

July 2, 2025

Cryptocurrency PR: How to Build Trust and Exposure in Web3

July 2, 2025

WEMADE & Redlab Unleash Web3 MMORPG – Global Pre-Registration Open For Aug 2025

July 2, 2025

Crypto PR: The Ultimate Guide to Public Relations in the Blockchain Era

July 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Looking for an Affordable Crypto PR Agency? Here’s What to Know Before You Spend

July 3, 2025

Crypto PR Packages for Startups: What You Need & How to Choose the Right One

July 3, 2025

Cheap Crypto Press Release: How to Promote Your Project Without Overpaying

July 2, 2025
Most Popular

Funding: Crypto Liquidity Fund Invests Big in Solana

August 11, 2024

Paradigm leads $7.5M seed round for Sorella Labs, which aims to solve Ethereum’s MEV problem

August 20, 2024

DOJ indicts cryptocurrency exchange operator for Silk Road money laundering

October 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.