French central bank reveals details of blockchain experiment

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The Banque de France joins an illustrious group as it also experiments with blockchain tech

The Banque de France has revealed details of a blockchain experiment it ran in June 2016, teaming up with Paris-based financial technology (fintech) start-up Labo Blockchain in the process.

In a statement published on December 15, the French central bank said it had embarked on the project to understand the benefits of distributed ledger (DL) technology, as many central banks have done in recent months.

The central bank deployed DL technology onto its Single Euro Payments Area (Sepa) credit

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