European Central Bank is exploring blockchain and MPC technology

The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.

Central banks worldwide are increasingly exploring blockchain technology adoption, with the European Central Bank (ECB) being the latest example.

The ECB has recently completed a blockchain experiment for its central bank digital currency (CBDC) with Zama, according to the firm’s chief academic officer, Nigel Smart.

He said during a panel discussion at FHE Summit 2024:

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