Doha Bank has issued $150 million worth of digital bonds utilizing advanced financial technology on Euroclear’s permissioned Distributed Ledger Technology (DLT) platform. The settlement of this transaction was completed on a same-day basis (T+0), significantly faster than traditional financial agreements. These bonds were issued on a permissioned distributed ledger rather than a public blockchain, reflecting a growing regional trend toward regulated digital bond infrastructure. Digital bonds offer greater transparency, efficiency, and security compared to conventional bonds. Euroclear’s DLT platform enables financial institutions to conduct bond trading and settlement in a decentralized and automated manner, reducing both time and costs. The increasing adoption of digital financial instruments in the region demonstrates a shift toward faster, more transparent, and regulated technologies in financial markets. As one of Qatar’s leading financial institutions, Doha Bank is modernizing its services through this technology to provide enhanced convenience to investors. This initiative is expected to promote the use of digital bonds in the region and improve market performance. Looking ahead, demand for such digital bonds is anticipated to rise as investors and financial institutions seek transparency, speed, and cost savings. However, the expanding use of this technology also poses regulatory challenges and cybersecurity risks that will require timely resolution.
Source: coindesk