ConsenSys to give CBDC expertise to SocGen-Forge

Wednesday, 28. October 2020 13:22

The digital capital markets platform of the French multinational investment bank Societe Generale Group, Societe Generale – Forge, said on Wednesday it decided to go with blockchain software technology company ConsenSys in order to provide technology and services as part of its ongoing Central Bank Digital Currency (CBDC) pilot activities.

ConsenSys will be obliged to provide technology and expertise to Societe Generale – Forge, focusing in particular on CBDC issuance and management.

Jean-Marc Stenger, CEO of Societe Generale – Forge said: "We are pleased to partner with ConsenSys, a company who is a key player in the development of distributed ledger technology globally and offers many of the infrastructure and development tools used by the blockchain community."

Related Links: Société Générale S.A.
Author:
Baha Breaking the News (BBN) / TF