Perth, Australia, Oct 1, 2021 - (ACN Newswire via SEAPRWire.com) - Phaeton, a decentralised ledger system, announced the launch of Phaeton ESG Bond Exchange powered by blockchain technology. The launch of its Environmental, Social, and Governance (ESG) Bond fits well with Phaeton's core ethos of using its technology to make a positive social impact. In addition, Phaeton is planning to take on the already crowded DeFi market with a new use case. While several DeFi protocols offer various payment solutions, such as lending and borrowing, Phaeton plans to serve a new market segment with its ESG Bonds.Phaeton ESG Bonds will finance Phaeton's projects, such as its Green Modular Data Centres, Smarter Housing and Solar Farms. However, the Phaeton ESG Bond Exchange will also be open to the public and governments worldwide, making it a diverse asset offering. Bond market stability is something Phaeton is banking on as bond markets play a significant role in ensuring financial stability for both buyers and issuers. When the stock market hits a correction, the bond market is a far more stable option for generating wealth.Phaeton wants to tap into the growing ESG bonds market. One model, which...