Today Ethereum development house ConsenSys announced it is working with Societe Generale Forge on central bank digital currency (CBDC) tests with the Banque de France. Back in July, the French central bank revealed it was experimenting with a digital euro for interbank settlements and announced eight organizations involved, including Societe Generale Forge.
Most of the organizations have themselves created mini consortia. In the case of Societe General Forge, it earlier revealed it was using public blockchain platform Tezos but said it was working with several blockchain networks.
The French bank previously issued bonds on a public blockchain, which were settled with digital euro issued by the Banque de France. And in April 2019, SocGen Forge assisted the issue of a €100 million ($112m) covered bond on the public Ethereum blockchain.
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