Blockchain Technology holds the promise of a decentralised, reliable, and unmediated economy. Limiting its potential to securing virtual currency exchanges would be too simplistic. With this in mind, Nomadic Labs aims at anchoring the Tezos technology within the French, Belgian and Luxembourgian economies. Tezos is a public decentralized blockchain with european roots. Nomadic Labs, a French R&D company, is one of the largest contributors to the Tezos protocol. Oana Ladret Piciorus, Managing Director at Nomadic Labs, shares her vision of the Blockchain and its unsuspected perspectives.

How would you define Tezos? What are the values that characterize this blockchain?

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable blockchain with a proven track record, Tezos seamlessly adopts tomorrow's innovations without network disruptions today. The characteristics that best define the Tezos protocol are:

- Reliability

Tezos offers a new level of security thanks to the use of formal verification. It uses, amongst others, the OCaml programming language, which allows for the formal verification of tools and smart contracts and thus greatly reduces the risks of bugs.

- Evolutivity

Tezos is the world’s first self-amending blockchain: all stakeholders may participate in network upgrades by evaluating, proposing, or approving amendments.

- Eco-responsibility

Thanks to a protocol based on Proof of Stake, the Tezos blockchain is less energy-intensive than previous generations of blockchain, an essential feature in the age of energy transition.

How does Nomadic Labs contribute to the development of Tezos? What is your mission?

As a member of the Tezos ecosystem, we collaborate daily with academic institutions and R&D labs located around the world, participating in the ecosystem and contributing to the development and evolution of the Tezos protocol. In concrete terms, we work on promoting the adoption of Tezos to "end users" and providing them with technical support.

What is recent news of Nomadic Labs and its Adoption Department?

Since last summer, we have been working within the consortium led by Société Générale to conduct experiments on a Central Bank Digital Currency (CBDC).

In addition, and thanks to our technical support, we are pleased to see institutional players join the active governance of the Tezos chain. Indeed, over the last five months, we have seen EDF, via its subsidiary Exaion, Sword France, SmartNode, The Blockchain Group, Wakam and Ubisoft, become "corporate bakers'' on the Tezos blockchain. More recently, the Lugh Company, with the support of Nomadic Labs, has announced the creation of the first French digital asset pegged to the Euro. The deployment of this digital asset, issued on Tezos, allows users to make instant transactions, hedge against the unpredictability of volatile cryptocurrencies and reduce transaction costs.

Last but not least, we have recently joined Infrachain, a Luxembourg based non-profit organization for operational blockchain projects with the will of actively participating in the development of the blockchain technology in Luxembourg and, of course, of facilitating and driving the use of the Tezos blockchain, an ideal long-term solution for high-value applications.

Blocking News: The Prime Minister of Luxembourg will be present!