Sponsor Insight

Blockchain technology holds the promise of a decentralized, 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 Luxembourgish ecosystems. 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. Alexia Martinel, Adoption Manager Luxembourg & Belgium at Nomadic Labs, shares her vision of Blockchain and its potential perspectives.

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

Tezos is smart money, it redefines 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.

What the Tezos protocol brings to the table is Reliability, Evolutivity and Eco-responsibility with its Proof-of-Stake based protocol. The Tezos blockchain requires significantly less energy and cost to operate than previous generations of blockchain, an essential feature in the age of energy transition.

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

As a member of the Tezos ecosystem, we are working 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 Nomadic Labs’ mission in France, Belgium and Luxembourg is built on an inclusive vision of blockchain. As a company, it aims to facilitate the adoption of this technology by as many actors as possible. To achieve this vision, Nomadic Labs provides technological support to all players who are exploring, discovering and seeking to adopt Tezos technology.

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

Since last year, 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 year, we have seen EDF, via its subsidiary Exaion, Sword France, SmartNode, The Blockchain Group, Wakam and Ubisoft, Block0 and AOI & PARTNRS (the first Luxembourg Corporate Baker) 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.
More broadly, projects and brands such as Red Bull Racing Honda, McLaren Racing, OneOf, Ubisoft, Interpop, Hic-Et-Nunc, and more have chosen to build on the Tezos blockchain.

Tezos’ future is bright!