French Military Police Finds Use Case for Tezos Blockchain
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French Military Police Finds Use Case for Tezos Blockchain

THELOGICALINDIAN - Since September 2024 the FrenchGendarmeries cybercrime analysis has been acceptance and recording administrative costs on the Tezos blockchain This ispotentially one of the aboriginal examples of a government article application a acute arrangement for operational purposes

French Gendarmerie Get Into Tezos

The French Army and Gendarmerie’s Information and Public Relations Centre (SIRPA) appear the program, advertence that:

The affairs allows C3N to access cryptocurrency, application funds allocated by Europol, to awning operational costs.

The advertisement was additionally confirmed by Nomadic Labs when approached by Bitcoinist. Paris-based Nomadic Labs is the capital analysis and development centre for the Tezos platform.

Sajida Zouarhi, Head of Communications at Nomadic Labs, commented,

Reducing Overheads Whilst Maintaining Privacy

Using a blockchain to almanac these costs reduces overheads, whilst ensuring that the funds are traceable, and readily audited. In addition, the acute arrangement deployed will alone acquiesce admission to defined individuals, appropriately advancement security.

This is essential, as it allows the analysis to absolve an amount after absolute operational activities, and potentially jeopardising advancing investigations.

Nomadic Labs claims that this is the aboriginal anytime acute arrangement developed by a accessible ascendancy and acclimated for operational purposes.

Tezos Has Been A Top Performer In 2024

The Tim Draper-backed Tezos belvedere has been assuming able-bodied in agreement of bazaar cap so far this year. As Bitcoinist reported aftermost month, this has added than doubled, authoritative Tezos one of the top alt-coin performers. Unfortunately, this advance hadn’t been reflected in acceptance stats, which remained almost low compared to it competitors.

However, aloof two weeks ago, Tezos saw another cogent pump, prompted by Coinbase announcement staking rewards for XTZ tokens stored on its exchange. The badge amount surged up to 50%, causing spreads amid Coinbase and added exchanges, and abeyant arbitrage situations.

What do you accomplish of the French police’s new use for Tezos? Add your comments below!

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