Berkeley City plans to implement a blockchain-based municipal micro-bond program

On Tuesday, Berkeley, Calif., took a big step in the issuance of a blockchain-based municipal bond program. The program (BlockChain Community Microbond Initiative) will be conducted by soliciting information to invite industry to make qualified recommendations. The plan was first proposed by District Councilman Ben Bartlett to allow the city government to issue minimum $25 bonds to community members for investment in public projects.