Denis Beau, a former executive of the Central Bank of France, openly advocated the need for increased blockchain integration. He had raised quite a few eyebrows when as the ‘First Deputy Governor’ of the French Central Bank, he proposed that blockchain technology must be employed for Euro payment settlements. In his address at the ‘Second Annual Capital Markets Technology and Innovation Conference’, he said that the local payment mechanism in the EU must integrate more blockchain-based technologies. He noted that distributed ledger technology could power the pan-EU payments. He added such innovative systems carry the potential to change the age-old
