Blockchain and crypto research institute opened in France
On November 8, the first of its kind Crypto-assets Institute held a formal opening at the Leonardo da Vinci Center in the business district outside of Paris.
The institute supports and conducts research related to blockchain technology and cryptocurrencies. Its scientific board includes 11 experts from the main French educational institutions, such as the National Research Institute of Science and the Ecole Polytechnique. A committee of six experts, including Ledger co-founder Nicolas Baca and Paymium founder Pierre Noizat, oversees the institution's operations.
According to the institute's director, Cyril Grunspan, it focuses primarily on educational goals:
Our goal is not to lobby, but to create a forum for discussion on crypto assets.
Two talks will accompany the launch: historian Jacques Favre will talk about the history of currency exchange up to Bitcoin (BTC), and cryptographer David Pointcheval will talk about zero-knowledge proofs and anonymity. The institute conducts such public events regularly.
Related: Bitcoin-centric AI language model aims to drive BTC education and adoption
France is actively pursuing a leadership role in Europe when it comes to the digital economy and innovation. In September, domestic telecommunications group Iliad invested 100 million euros ($106 million) in Paris to create an “advanced laboratory” dedicated to AI research. In addition to the lab, Iliad has acquired what it suspects is “the most powerful cloud-native AI supercomputer ever deployed in Europe.”
In the year In the market crisis of the first half of 2023, French crypto businesses accounted for 27% of new investment deals in the fintech sector.
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