• Societe Generale ConsenSys digital euro
    Technology

    Société Générale, ConsenSys partner on digital euro testing

    The Société Générale – Forge division took part in a $44 million covered bond issue with Bank de France this spring

    Brooklyn-based ConsenSys announced on Oct. 28 that it has been selected to provide technology and services for Société Générale – Forge’s digital euro pilot. It will focus on central bank digital currency (CBDC)issuance and management, delivery versus payment, and cross-ledger interoperability.

  • French test digital euro
    Cryptocurrencies,  Politics

    France successfully tests digital euro

    Further experiments are set to take place in the coming weeks, Banque de France said, as the global race to launch a central bank digital currency heats up

    In Banque de France’s experiment on May 14, a blockchain developed by its team was used to settle an issue of digital securities by Société Générale. Covered bonds worth $44 million were issued as security tokens directly registered on a public blockchain.