The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
For private investors, the primary use case of blockchain technology is dealing with cryptocurrencies, which are alternative currencies that utilize a decentralized ledger as their foundation. While traditional financial institutions are also embracing digital assets, their focus remains on the tokenization of conventional assets. This involves representing stocks, commodities, bonds, or other securities as tokens on the blockchain.One of the largest banks in France, Société Générale, has leveraged this technology to issue a digital green bond. The first transaction involved senior unsecured preferred bonds worth 10 million euros on the Ethereum blockchain.