The Financial Alliance for Sustainable Trade is excited to push forward with innovations in both technology and structuring that will support the mini muni bond evolution. Tokenization can make an already powerful financial market more accessible for individuals and communities.
Tokenized, digital municipal bonds can help restore the muni market to its original community-driven spirit by making the securities more accessible to everyday citizen investors and more cost-effective for communities of all sizes. Customizable digital agreements, or smart contracts, will help streamline and automate processes such as muni bond payment and settlement, legal arbitration and investor ID verification.”
Community members will always have the greatest incentive to invest in their surrounding environment, and tokenization makes these investment opportunities a realistic local prospect once again. Residents know which highways need to be improved or built. Parents understand local needs and will invest in better schools, parks and communal areas. Blockchain-enabled, community-engaged funding can ensure that investment in public infrastructure maximizes the benefits for the people who live there while improving accountability and local democracy.
The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 invested, according to a new report from the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR). Resilient infrastructure is not about roads or bridges or powerplants alone. It is about the people, the households and the communities for whom this quality infrastructure is a lifeline to better health, better education and better livelihoods, Investing in resilient infrastructure is about unlocking economic opportunities for people.
Our initiative brings together a global coalition of leaders in infrastructure finance and rating agencies that collaborates to address bottlenecks to efficient financing of resilient infrastructures.