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France Trials CBDC, Blockchain for Government Bond Deals: Report

France Trials CBDC, Blockchain for Government Bond Deals: Report

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“This project went well beyond previous blockchain initiatives because it successfully tested most central securities depository and central bank processes whilst eliminating current interim steps, such as reconciliation between market intermediaries,” mentioned Soren Mortensen, international director of monetary markets at IBM as cited within the report. “We are rapidly moving towards fundamental change in the post-trade market infrastructure.”

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