ConsenSys Joins Testing Participants for Forthcoming Digital Euro - InsideBitcoins.com
According to an official press release, the blockchain studio would work with Société Générale Forge, a digital capital markets platform and a subsidiary of financial services conglomerate Société Générale Group. SG Forge specialized in building institutional-grade models for security token operations, especially with the application of blockchain technology.
SG Forge is one of the top companies partnering with the Banque du France on its digital euro. Earlier this year, it joined forces with the Central Bank and Société Générale SFH to issue a tokenized bond, worth 40 million euros. Explaining the new deal, ConsenSys confirmed that it would provide its technology and expertise for joint CBDC issuance experiments. The experiments will test the digital euro's management, delivery, and cross-ledger interoperability.
