CASE
STUDIES

FRENCH CENTRAL BANK

Blooo is mandated to achieve 3 challenges of the 2024 strategic plan putting confidence in the institution and its transformation at risk

Blooo is tasked with achieving three critical challenges in the 2024 strategic plan, essential for maintaining confidence and driving transformation:

  • Innovation and Ecosystem Collaboration:
    • Foster continuous innovation across business lines.
    • Enhance partnerships with startups, tech partners, and academia.
    • Streamline the adoption of cutting-edge technologies.

  • Accelerating Production Transition:
    • Develop frameworks for rapid innovation-to-production transition.
    • Integrate new technologies seamlessly into existing systems.
    • Invest in employee training and agile methodologies.

  • Preparing for Central Bank Digital Currency (CBDC):
    • Conduct feasibility studies and engage with regulatory bodies.
    • Design and test secure CBDC frameworks.
    • Educate stakeholders on CBDC benefits and implications.
  • Enhancing Payment Accessibility and Security:
    • Strengthen security across payment platforms.
    • Ensure inclusive payment systems.
    • Implement advanced authentication to prevent fraud.

Blooo leverages blockchain to identify 40 use cases, collaborating with all business divisions. Key Web3 integrations include:

  • Digital EU Identity Wallet: Secure digital identity solutions.
  • eIDAS V2: Compliance with electronic identification regulations.
  • European Blockchain: Support for the European Blockchain Services Infrastructure (EBSI).

By focusing on these priorities, Blooo aims to lead in financial innovation, ensuring its services are secure, accessible, and relevant in the digital age.

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