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French Central Bank's Blockchain Bond Trial BringsFirst Results
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cryptonews.comFrench central bank Banque de France has disclosed the results of its experimental program to use central bank digital currency (CBDC) to exchange and settle tokenised government bonds, potentially paving the way for the technology’s rollout in the country’s debt market.
Per the bank, the experiment confirmed that the blockchain technology allows managing post-trade market operations in CBDC, "subject to the completion of additional testing with real-world volumes," which would also "provide the data required to make a quantification of the potential efficiency gains and cost savings that a blockchain-based infrastructure could offer for the securities business.”
“The experiment also showed us that blockchain platforms can coexist and
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