Blockchain

A number of fintech firms are creating blockchain-based solutions that are able to deliver capabilities to savvy issuers, investors, and investment banks. Munis could be next.

Observing the potential and the limitations of blockchain technology, it’s worth taking a closer look into its role in the municipal market.

Blockchain could benefit the muni market, but receives pushback in an industry historically slow to change.

If blockchain becomes a force in the muni market, it could take on some of the duties done by middlemen, thereby cutting costs for issuers.

Berkeley city leaders asked staff to conduct a cost analysis of a micro-bond blockchain proposal before moving ahead with such a deal.

Backers say the blockchain "micro" bonds could finance a new fire truck for the California city.

Berkeley, Calif., plans to issue the first bonds using blockchain technology in May.