SETL, the London-based Settlement and Payments Infrastructure provider, today announced that Banque de France (BDF) has successfully completed a Central Bank Digital Currency (CBDC) transaction, using the SETL blockchain that powers the IZNES fund platform.
Steve Walsh SETL’s COO offers insight into SETL’s core capabilities and where it’s technology and solutions can add value to those that may be new to it.
At the core of SETL is a proprietary, permissioned-based blockchain. While there is a lot of debate about the merits of public vs private blockchains, we believe that only private blockchains are fit for the regulated environments where SETL operates.
This week saw the first trades settle live time on the ID2S blockchain CSD built entirely by the SETL Global Engineering Centre in Ipswich.