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French Food Company Looks to IBM’s Blockchain Network for Better Sourcing

IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance transparency of product provenance and supply chain.The Avril Group, a vegetable oil, eggs and protein manufacturer, and the owner of brands Matines and Lesieur, has begun using IBM Food Trust network to ensure traceability of

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Former French IT Company’s Executive Accused of Stealing $1.2M in Bitcoin

The co-founder of an IT company in France has recently been accused of stealing Bitcoin worth 1.1 million euros.The company, which started in 2013, had a conflict between leadership executives that resulted in a decision to oust the company’s chief executive. Although the exec-turned-businessman continued to seek a new position

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French Financial Watchdog Approves First ICO Under New ‘Visa’ Scheme

France's Financial Markets Authority (AMF) announced Thursday that it had approved an initial coin offering (ICO) for the first time.The successful recipient of the AMF "ICO visa" – a cryptocurrency fundraising platform called French-ICO – met the minimum guarantees required by law, including a white paper investors could understand, according

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The First Bitcoin-Featured Commercial Advertised on French Television

Bitcoin has enjoyed its first television commercial on free-to-air station across France. The 30-second video promotes Keplerk, a financial-technology firm based in Paris, and its services.Currently, the ad is running on TF1, France’s national on-air station. Keplerk provides a virtual platform for consumers to exchange traditional fiat money for the

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French Central Bank Official Wants to Improve Financial System With Blockchain

The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe.Speaking at the AFME Annual Capital Markets Technology and Innovation Conference on Nov. 21, Denis Beau, the first deputy governor of Banque de France, delved into the issue

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French High School Students Will Learn About Bitcoin And Crypto

France is about to introduce an educational module to its high school curriculum that covers Bitcoin (BTC) and cryptocurrencies.In June, the French Ministry of National Education amended its study plan to incorporate the world’s largest cryptocurrency. French educators are expected to teach an introductory course that will assist students

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