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Podcast: Band of Traders - Together We Trade
Episode: “Democratizing Debt” - Quincy Issues First U.S. Blockchain Bond - Ft. Eric Mason and Rick Coscia
Description: Quincy, Massachusetts has issued a blockchain-based municipal bond, the first of its kind in the United States with the goal of democratizing Quincy's investment opportunities and ultimately allowing individuals to invest in their own community. Eric Mason (Quincy CFO) and Rick Coscia (Quincy Strategic Asset Manager) join Kyle to explain why they decided to push forward with this deal, and what they hope to accomplish by embracing Digital Ledger Technology. They also explain the safety and efficiency of listing a bond via blockchain, the advantages of being an early adopter, and the potential for creating a secondary market for...