The French commercial court aims to adopt the blockchain-powered platform for corporate registry in the country. The announcement to adopt IBM’s blockchain-powered platform was made official on March 14. The senior Manager Blockchain at IBM France explained, “blockchain’s qualities are ideal for this use, improving the Clerks’ business processes and adapting to the ever-changing nature of their missions.”
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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