Analysis

Bear in Blockchain: Russia’s frosty attitudes to cryptocurrency thawing

December 23, 2018

The Blockchain technology is attracting an increased interest from the Russian financial institutions and IT companies and may be poised to overcome skepticism from Russian regulators. This is perhaps not surprising, given Russia’s prominence in the technology sector with over 120,000 local programmers and continuing growth in e-commerce and online activities. However, certain legal obstacles may still pose challenges for …

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“Invisible innovation:” Tech entrepreneurs from emerging markets struggle for global visibility

October 25, 2016

During three days in mid-October Colombia 4.0, an international event dedicated to digital content industries, took place in Bogota, attracting more than ten thousand participants. The latest trends in animation, video games, web, mobile development, digital advertising, monetization, digital media, music and entrepreneurship were highlighted through lectures, panels and workshops involving more than 190 national and international …

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Pioneering report highlights Chinese and Russian innovation systems and their growing ties

November 10, 2016

As Russia has been “pivoting to the East” over the past few years, a study released earlier this month aims to describe the two countries’ innovation ecosystems, and analyze the new links being established between them. The report, named “China and Russia: Innovation and Entrepreneurship,” is a joint project by the Skolkovo Foundation on the …

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How countries like China and Russia are able to control the Internet

October 7, 2016

China, Iran, and others are known to regularly censor content and cut off sections of the internet. This is because, when the physical routes traffic takes are severely limited, it endangers the free flow of information the internet was supposed to provide. Researchers at Harvard attempted to identify these choke points, and determine how easily a …

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Russia considers restrictions to foreign capital ownership of online video companies

October 4, 2016

Russian industry lobbies and lawmakers are preparing changes to the legislation on online video content. According to an advanced draft bill analyzed by Kommersant, the owners of independent online streaming companies with over 100,000 daily views will be required to reduce the share of foreign capital to 20% or less by March 1, 2017. A …

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Russia’s top 10 websites 2016

September 28, 2016

As we all know, a new craze can have an impact on users’ online activity but for the most part our modern day Internet users spend a good portion of their time accessing their email, using search engines, and browsing social media. Russian users spend their time online like most others on the web. Russia’s …

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Google and Yandex are ”key threats” to banks, says Sberbank’s CEO

September 26, 2016

The head of Russia’s biggest bank, Sberbank, has named online giants such as Google and Yandex as the ”key threats” to the company. Sberbank CEO German Gref warned that traditional banks are set to lose out as increasing amounts of money are being transferred online through services such as Facebook and Yandex Money. “The problem …

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Cryptocurrencies can destroy Russian economy, says state official

October 3, 2016

According to Paul Livadniy, the deputy director at the Federal Financial Monitoring Service of the Russian Federation (Rosfinmonitrong), cryptocurrencies such as bitcoin threatens the Russian economy and could lead to its destruction. As reported by Russian publication Lenta.ru, Livadniy compared cryptocurrencies to traditional currencies. While the latter are issued by the state — providing greater controls such as …

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Short-term loans: The limits of Google’s global search monopoly

September 27, 2016

In July Alphabet, the holding company that controls Google, suspended placement of contextual ads for 60-day loans in the AdWords advertising service. The announcement of this decision in May caused a storm of protest in the financial community in the USA. Commenting on the ban, the search engine refers to some research which shows that …

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The encrypted underground: Weapons, drugs, and identities for sale on the Russian ‘Deep Web’

September 7, 2016

The so-called ‘Deep Web’ can help you solve a variety of ‘problems’ — from obtaining forged documents to buying an anti-tank missile system. For some people, using the ‘Deep Web’ is a matter of ideological principle. For others, it’s a technical necessity when breaking the law to avoid publicity. The Russian government is no stranger to censoring …

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Russia’s budding virtual reality market thinks big

September 5, 2016

Russia should focus on developing its VR/AR market, Yevgeny Kuznetsov, the acting head of RVC, the Russian fund of funds for innovation, said last month. “Right now, the new VR/AR market is being discussed within the National Technology Initiative,” a state project that aims to create the conditions necessary for Russia to become a global …

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How Russia often benefits when Julian Assange reveals the West’s secrets

September 1, 2016

WikiLeaks’ document releases, along with many of Julian Assange’s statements, have often benefited Russia, at the expense of the West — whether by conviction, convenience or coincidence, writes the New York Times. WikiLeaks neither targets not spares any particular nation, Assange indicated in an exchange with the US newspaper, but rather works to verify whatever material …

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