Post
Topic
Board Altcoin Discussion
Re: One of the largest banks in France issues a token on Ethereum blockchain
by
fullhdpixel
on 07/05/2019, 11:31:10 UTC
https://www.coindesk.com/societe-generales-work-with-public-ethereum-is-a-big-deal


What do you think of this? How much does eth benefit when a new token is issued on it's architecture. Does this have any influence on you wanting to buy into eth, or is it not a big deal?

If Societe Generale Bank really want to using the Ethereum network and issuing a new token for their architecture,
the Ethereum value maybe only rise slightly. I think the more peoples and companies using cryptocurrency, the more value it will have.
That is one hell of a big bank there and I think they have their branches in virtually all francophone countries, there adoption of ethereum to run their blockchain technology will really expose a lot of its users to ethereum network, and their product may require the use of ethereum token from time to time for their operation.

So I think this will really be a very big boost to the ethereum network, the magnitude of this bank customer is quite big, and most of them are very rich individuals that have enough money to be a BULL when they decide to join the ethereum network through the bank’s product.