Bank of China, one of the four major commercial banks in China, has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small and micro-sized enterprises with their own blockchain platforms. The bank announced Friday that it completed pricing and issuance of the bonds for the first period this week and the two-year bond will come to the market with 3.25% coupon rate, according to a statement. The bank aims to raise funds to support these businesses. “We have used our own blockchain-based bond issuance system in the process,” the bank said in the statement. “This is also the first bond issuance ledger ... (full story)