Blockchain Projects

Existing municipal bond markets maximize the interests of lenders, not borrowers.

• Capital is exported. Lenders extract money from local communities.
• Lenders control terms. Borrowers have to accept restrictions that maximize interests payments and limit repayment options.
• Loss of local control. Payments to borrowers around the world are prioritized over the needs of local communities.

Microbonds build sustainable communities with local capital.

• Money stays local. Payments go to the community, not Wall Street.
• Repayment flexibility. Borrowers set the terms, not lenders.
• Community focused. People can invest in their community. 

Blockchain technology addresses traditional bond market roadblocks with improved accessibility, transparency, and security. The Stellar Development Foundation, a US organization dedicated to equitable financial access, offers technology that supports the issuance [or distribution] of microbonds on the Stellar blockchain, fostering social impact. The BMB Project is developing a blockchain microbond platform and partnering with jurisdictions and bond issuers for seamless buying and selling, to advance financial inclusion.

Microbonds are investment instruments that are designed to be affordable and accessible. They are sold in small denominations, usually $100 or less, to enable community-led finance. They create stronger, more equitable cities by bridging the gap between financial inclusion and sustainability community development.

The lack of standardized language in blockchain related laws underscores the challenges in understanding the full scope of relevant laws. The research process shed light on the challenge of fragmented data, data formats, and published materials. Difficulties included fragmented language, sparse legislation, ambiguity around new concepts, and information behind a paywall. These challenges, however, reinforce the BRD’s repository as an accessible knowledge hub.

This repository provides a robust compilation of legislative information spanning various domains that includes finance, tax, privacy, and more. For government agencies and policymakers, the repository is a training tool. Users can analyze regulatory trends, identify gaps, and propose data-driven policy recommendations. It enables a deeper understanding of existing regulations, potential impacts, and best practices from other jurisdictions.