Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Galaxy on October 29, 2020, 02:53:24 PM

Title: Major French Bank Taps ConsenSys to Develop Digital Currency
Post by: Galaxy on October 29, 2020, 02:53:24 PM
Ethereum software company ConsenSys will be working on the technology that may power France’s state-issued digital currency. Societe Generale - Forge, a subsidiary of European investment bank Societe Generale, has chosen Ethereum software incubator ConsenSys to provide it with “technology and expertise” related to the issuance of a central bank digital currency.

After taking part in a test of a digital euro in May, Societe Generale - Forge was named by the Banque de France as one of eight potential partners for a CBDC in July. The French central bank, which represents the second-largest economy in the European Union, is one of the first in Europe to experiment with a CBDC for interbank settlement.
Info link: https://decrypt.co/46471/major-french-bank-taps-consensys-to-develop-digital-currency