Berlin hardforks on Ethereum blockchain

Berlin hardfork on Ethereum blockchain

On the Ethereum blockchain at block 12,244,000, the planned hard fork of Berlin took place. The update includes four proposals to improve the current Ethereum network and reduce fees. Berlin’s goal is to reduce transaction fees on the network. Considering that Ethereum is in high demand among projects working with decentralized finance (DeFi) and non-fungible tokens (NFT), this network lacks the ability to quickly process transactions. As a result, users are forced to pay high…

Société Générale Bank Launches Tokenized Shares on the Tezos Blockchain

Société Générale Bank Launches Tokenized Shares on the Tezos Blockchain

French bank Société Générale is launching stock tokens based on the Tezos blockchain to integrate with banking systems and interact with institutional clients. Société Générale will present its own tokenized shares with the participation of Forge subsidiary. The launch of stock tokens will expand the list of services provided to institutional investors. This step could bring the bank closer to the cryptocurrency market by 2022. The investment giant called it a new experiment in line…