PANews
PANews|3月 06, 2026 00:31
[Canadian Government and TD Bank Successfully Pilot CAD 100 Million Bond Issuance Using Hyperledger Fabric Technology] According to The Block, the Bank of Canada announced the completion of a tokenization pilot project named 'Project Samara,' successfully issuing CAD 100 million in government bonds using Hyperledger Fabric technology. The project was led by Export Development Canada as the issuer, with participation from TD Bank and the Royal Bank of Canada, issuing CAD-denominated bonds with a three-month maturity to a 'closed group of investors.' The process covered the full lifecycle, including issuance, bidding, coupon payments, redemption, and secondary trading. The project evaluation found that blockchain technology can enhance operational efficiency, improve data integrity, and reduce counterparty and settlement risks. However, these advantages were partially offset by increased system complexity, liquidity costs, and shortcomings in the existing regulatory framework. The Bank of Canada stated that while the technology is feasible, widespread adoption may progress slowly due to integration challenges and limited willingness to overhaul core infrastructure. The project builds upon the Jasper initiative launched by the Bank of Canada in 2016.
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