The Names Bond, Blockchain Bond

The Names Bond, Blockchain Bond
Blockchain bond? The brother of the elusive British spy, James Bond? Or, a blockchain operation featuring a bond? Sadly, James isn’t about to acquire a blockchain based partner, he’s stuck with the Aston Martin for now. This one's about the world's first Blockchain bond, facilitated the Commonwealth Bank of Australia, mandated by The World Bank.According to reports, the Commonwealth Bank of Australia is set to arrange the first ever bond to exist on the blockchain. The bond, known as bond-i (in reference to the famous beach I assume), or ‘Blockchain Offered New Debt Instrument’ will be the first of its kind to be made and managed using blockchain technology.According to CNBC, spokespersons from the Commonwealth Bank of Australia and The World Bank have said:
"Blockchain has the potential to streamline processes among numerous debt capital market intermediaries and agents. This can help simplify raising capital and trading securities; improve operational efficiencies; and enhance regulatory oversight."
See more for yourself, here. The bond is alleged to be using the Ethereum blockchain.The implications of this are quite interesting. Firstly, this is certainly in favour of blockchain and cryptocurrency adoption and could well change the way many banks manage bonds with both their business and personal customers. Next, as in the case of bond-i, these sorts of bonds can encourage institutional interest which can lead to high level investment. Finally, this also opens up borders and provides banks with a new and more efficient method through which bonds can be serviced, on an international level. Not to mention transparency and efficiency, the other intrinsic advantages that exist on the blockchain. According to CNBC:   
“Investor interest in the bond has thus far been strong. Together with the Commonwealth Bank of Australia, it intends to launch the transaction after wider consultation with more investors. Advocates of blockchain technology say it makes processes faster and more secure, but some are concerned amid hype around the technology's potential that the intense fanfare could potentially lead to a bubble.”
The latter statement about blockchain bonds becoming a bubble doesn’t sit well. If this was the case, wouldn’t all blockchain technology have fizzled out by now? Investment Disclaimer
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