French Court Clerks to Use IBM Blockchain Platform for Corporate Registry
Cointelegraph
Published Mar 14, 2019 07:05PM ET
Updated Mar 16, 2019 04:55AM ET
French Court Clerks to Use IBM Blockchain Platform for Corporate Registry
French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14.
The blockchain network was jointly developed by IBM (NYSE:IBM) and the National Council of Clerks (NCC) and will reportedly be deployed starting in 2019 by the clerks operating in commercial courts across France. The blockchain platform is built on the Hyperledger Fabric framework and aims to increase transparency and efficiency in legal transactions associated with the lifecycle of companies in the registry.
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Written By: Cointelegraph
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