On November 8, a monumental event in the world of blockchain and cryptocurrency unfolded in Paris, marking a significant step forward for France in these cutting-edge fields.
Launch of the Institute of Crypto-Assets
The Léonard de Vinci Center, located in Paris’s bustling business district, witnessed the historic inauguration of the Institute of Crypto-Assets. This first-of-its-kind institute signifies France’s commitment to leading innovation in the digital economy.
Collaborative Efforts of Experts
The Institute’s scientific board boasts 11 renowned experts from France’s top institutions, including the National Center for Scientific Research (CNRS) and École Polytechnique. Additionally, a committee of 6 esteemed practitioners, including Ledger’s co-founder Nicolas Bacca and Paymium’s founder Pierre Noizat, will guide the Institute’s research trajectory.
Educational Goals and Public Engagement
Cyril Grunspan, the director of the Cryptoassets Institute, emphasized the Institute’s educational and discussion-based approach, distancing from any lobbying objectives. The opening day featured insightful lectures on currency history and cryptographic anonymity, indicating a future rich in public educational events.
France’s Broader Commitment to Digital Innovation
This launch is part of a larger initiative by France to assert its dominance in Europe’s digital economy. Recently, the Iliad telecommunications group invested significantly in an AI research excellence lab in Paris, showcasing France’s dedication to technological advancement.
Growing Investment in French Crypto Businesses
Despite the 2023 market crisis, French crypto enterprises have remarkably secured 27% of all new fintech sector investment deals. This resilience underscores the growing significance of France in the global digital finance landscape.