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Wednesday, September 22, 2021
Home News French Central Bank Pilots Blockchain

French Central Bank Pilots Blockchain

According to a report issued last Friday by the Banque de France it was announced that they tested the tech for potential uses in managing SEPA Credit Identifiers, or identification markers used to establish the identity of creditors within the Single Euro Payments Area. This marks its first publicly acknowledged Blockchain trial by the central bank. 

The trial was conducted with Blockchain startup Labo Blockchain in collaboration with the Caisse des Dépôts et Consignations, a French public sector financial institution created in 1816 which is part of the government institutions under the control of the Parliament, as well as several French banking groups. 

According to a report by Stan Higgins at Coindesk:

“…central banks in Japan, Sweden and Singapore, among others, have launched similar efforts, with the European Central Bank announcing a new research undertaking in partnership with the Bank of Japan on 6th December. Earlier this month, the US Federal Reserve released its first major research paper on Blockchain.”

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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