BlockBeats Latest News! Société Générale – FORGE, a subsidiary of Société Générale, has successfully completed a collateral market transaction executed on the blockchain. This is big news! 🤩

This transaction is no simple feat; it is the first repurchase agreement using digital securities (that is, security tokens) with a central bank in the euro system. In simple terms, Société Générale used bonds issued on the Ethereum public blockchain as collateral to exchange for central bank digital currency (CBDC) issued by the French central bank on the DL3S blockchain. Sounds pretty cool, right?

The success of this transaction not only demonstrates the technical feasibility of "direct interbank refinancing operations on the blockchain" but also showcases the immense potential of central bank digital currencies in enhancing the liquidity of digital financial securities. Blockchain technology is becoming increasingly exciting!

For blockchain and cryptocurrency enthusiasts, this is undoubtedly an exhilarating development. It not only brings more innovative possibilities to the financial market but also paves the way for the future digital economy.

Friends, what do you think about this transaction? How do you believe blockchain technology will change our financial world? Feel free to share your thoughts and insights in the comments! Let's envision the future together!