France Stratégie, also called the Commissariat-General for Strategy and Foresight, has announced the launch of a working group that will explore various aspects of blockchain technology.

According to the details provided by the commission, the working group will, in particular, delve into the characteristics, potential, and benefits of the technology; explore existing variants and potential improvements; as well as examine how the government can support its development.

The participants working group come from different backgrounds as the initiative draws members from both public and private sector, CoinDesk reported. This includes representatives from France's Prudential Supervisory and Resolution Authority, DINSIC, Blockchain France, AXA, CNRS, and many others, bringing the total to over 35 participants.

Starting this month, four plenary meetings of the working group will be organized till September 2017. Michel Yahiel, Commissioner General of France Strategy, asked Joëlle Toledano, Professor of Universities in Economics at CentraleSupélec, to chair the working group. The results will be delivered at the end of October 2017.

Founded in 2013, France Stratégie evaluates public policies; anticipates future changes the economic, societal or technical fields; foster discussions with French and international experts and actors; and propose recommendations to the national, territorial and European public authorities. It reports to the office of French Prime Minister Bernard Cazeneuve.