What social impact will blockchain have? Experts shared their thoughts at the “Blockchain for Good” conference

Beyond the financial and monetary aspects, blockchain has great potential to play a key role in companies' energy and social transition. Several blockchain specialists gathered to discuss this topic at the "Blockchain for Good" conference held on 9 March by Université Paris-Dauphine’s FinTech & Digital Finance Chair* and its Master’s programme 224 – Banking and Finance, as part of the 7^th edition of House of Finance.  

Led by Karen Jouve (Blockchain, Cryptocurrency, NFT and Metaverse specialist at Wavestone, and CEO & Co-founder of the firm Web-3), the conference brought together a panel of experts comprising Jacques-André Fines-Schlumberger (Chief Operating Officer for the Blockchain for Good association), Yannick Naud (Innovative Finance Officer at UNICEF) and Patrice Geoffron (Professor at Université Paris-Dauphine). The specialists discussed the role and impact of blockchain with regard to the energy and social transition for businesses, as well as the concepts of decentralised identity, crypto fundraising and inclusion.

Guénolé de Cadoudal, Digital Assets Lead at Crédit Agricole CIB, also had the opportunity to take another look at our Bank’s recent work on blockchain. Our teams are currently working on:

• The use of programmable money as legal tender capable of performing secure and atomic swaps (DvP) with tokenised financial products.
• The potential for implementing a new public blockchain compatible with the Bank’s ESG commitments. This public blockchain, which would also prove the origin of cryptocurrency funds, would strongly boost adoption & performance for Crédit Agricole CIB’s regulated ecosystem. Recent work shows that blockchain technology as a shared public infrastructure is now ready for integration within traditional finance.

(Re)watch the conference:

*Since 2019, Crédit Agricole CIB has partnered with Université Paris-Dauphine’s FinTech & Digital Finance Chair Will open in a new tab through a partnership agreement designed to promote the emergence of an ecosystem that blends research, teaching and entrepreneurship in the field of digital finance.