French Financial Coalition Aims to Foster Blockchain Infrastructure

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French Financial Coalition Aims to Foster Blockchain Infrastructure

Postby kreslik.news » Mon Jun 20, 2016 5:28 pm


An assortment of groups have coalesced to sign a memorandum of understanding (MOU) to help advance and foster the development of a post-trade blockchain infrastructure for small, medium enterprises (SMEs) in Europe.

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The list entails some household names in the banking and institutional space, which includes BNP Paribas Securities Services, Caisse des Dépôts, Euroclear, Euronext, S2iEM, and Société Générale. Presently, blockchain technology is utilized via a virtual ledger that helps aggregate data for shared distribution between multiple users. The mechanism ... (read more)

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