French gendarmerie reports about using Tezos blockchain

by in Blockchain News

Gendarmerie Tezos

The French Gendarmerie Cybercrime Center (C3N) uses the Tezos blockchain. The agency launched its first smart contract in September.

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According to a press release, C3N uses blockchain to control the costs incurred during investigations.

“This is one of the first examples of how a government organization uses a smart contract for operational purposes,” the statement said.

The new program also allows C3N to purchase cryptocurrency with funds allocated by Europol to cover operating expenses.

The statement noted that the smart contract was specifically designed so that C3N confirms costs without the risk of disclosing operational activities and problems for ongoing investigations.

Recall that the Tezos Foundation and Overstock tZERO security token platform are planning to tokenize real estate in the UK with a total value of about $643 million.