SETL: Supports IZNES in BdF CBDC Experiment
- London based blockchain company, SETL, is supporting the IZNES consortium in the BdF experiment with CBDC
- The consortium comprises IZNES, SETL, Citi, Caceis, and DXC
- The experiment will undertake subscriptions and redemptions of funds on the IZNES platform using CBDC in conjunction with the Banque de France
- The consortium supported by advisors Prof. Bertrand MUNIER, known for his expertise in the financial and monetary matters
- Dr. Paolo TASCA, who leads UCL’s Centre for Blockchain Technology, and Prof. Sophie SCHILLER, who is known for her expertise in business law and regulation
- CBDC implies a paradigm shift that has the potential to empower monetary policy
