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Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program

Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program

The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are being invited to submit their applications, as the Bank of France is calling for applications to experiment with the use of a digital euro.

Understanding Experimental Design: Key Concepts and Types

Understanding Experimental Design: Key Concepts and Types

Discover the essentials of experimental design, including key concepts and types.

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.

Over 30 Japanese Firms to Conduct Digital Yen Pilot Test

Over 30 Japanese Firms to Conduct Digital Yen Pilot Test

Major Japanese companies from various sectors will collaborate to engage in a pilot test to issue a private digital currency or Digital Yen.

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.

Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge

Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge

Societe Generale-Forge has selected the Tezos blockchain for its central bank digital currency (CBDC) experiment with the French central bank.

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

According to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials.

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors

Google’s newly achieved ‘Quantum Supremacy’ computing technology has been marked for some surprising applications in the cryptocurrency space. According to one researcher on the project, the technology could enhance the proof-of-stake (PoS) algorithm.

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.

Brock Pierce Running for President to Bring Blockchain Technology to the Forefront

Brock Pierce Running for President to Bring Blockchain Technology to the Forefront

Speaking at the Unitize conference on July 7, Brock Pierce discussed his motivations for his sudden entrance into the presidential election. Despite being extremely unlikely to win, Pierce believes his campaign will serve as an inspiration to younger voters as well as highlight the benefits of blockchain.

R3 - Revolutionizing Trade Finance with Blockchain

R3 - Revolutionizing Trade Finance with Blockchain

R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.  

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