Societe Generale - Forge selects ConsenSys for CBDC experiments

Thursday 29 October 2020 15:11 CET | News

France-based digital capital markets platform Societe Generale – Forge has selected ConsenSys to provide technology and services for its Central Bank Digital Currency (CBDC) pilot activities.

As part of this partnership, Societe Generale - Forge will continue to build upon its recent achievements such as the issuance of a EUR 100 million covered bond on blockchain in 2019, and the issuance of a EUR 40 million bond that was settled with a CBDC in 2020, a joint project with the Banque de France, the French central bank.

ConsenSys will provide technology and expertise to Societe Generale - Forge, focusing in particular on CBDC issuance and management, delivery versus payment, and cross-ledger interoperability, according to the official press release.

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Keywords: Societe Generale, Forge, ConsenSys, CBDC, France, blockchain, Banque de France, central bank
Categories: DeFi & Crypto & Web3
Countries: France
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DeFi & Crypto & Web3

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