According the Austrian local news portal Kleine Zeitung, country has plan to use Ethereum blockchain to authenticated €1.15 billion ($1.3 billion) worth of government bonds. These bonds will be issued on behalf of the Austrian Treasury [OeBFA]. One of the leading banks Oesterreichische Kontrollbank will begin the blockchain notarization service on 2nd October.
Oesterreichische Kontrollbank stated:
“Following successful tests, a Blockchain notarization service will be used for the first time at the next week’s Federal Bond Auction.”