Intelligent Fin.tech Issue 06 | Page 23

FOLLOWING THE MONEY

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GERMANY

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CHILE
Siemens is one of the first companies in Germany to issue a digital bond , in accordance with Germany ’ s Electronic Securities Act . Worth 60 million , it has a maturity of one year and is underpinned by a public blockchain . Issuing the bond on a blockchain offers a number of benefits compared to previous processes . For instance , it makes paperbased global certificates and central clearing unnecessary .
Santander Chile has officially presented the project for its new corporate building to the community and local authorities through an invitation to get creative on the perimeter fencing surrounding the plot where the construction of Campus Santander is due to take place . The building is set to become an architectural landmark in the city of Santiago . www . intelligentfin . tech
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