Bitcoin and cryptocurrencies are at a tipping point as two rival major world powers – the U.S. and Russia – both appear to be moving towards state acceptance of digital money, affirms the CEO of global financial giant deVere Group. The bold assertion from Nigel Green comes as the Biden administration is preparing an executive …
US and Russia eyeing bitcoin: A moment of critical mass for crypto? Read More
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia, Ukraine, and Belarus, with a column by EWDN Chief Editor Adrien Henni that highlights the most notable industry facts and trends across the region. “With Russia and Belarus digging themselves into domestic authoritarianism and international confrontation, a looming …
The Eastern European paradox: How a troubled region generates unicorns and decacorns Read More
Despite this recent success and the abundance of arable farmland, some see the country as ripe for the introduction of new agricultural technology in the form of vertical farming — indoor industrial greenhouses that are heavy on technology, light on physical space and located close to cities and consumers. “Vertical farming is one of the …
In the world’s biggest country, vertical farming gains ground Read More
Far from their native countries, Russian-speaking entrepreneurs are thriving in the world’s major tech hotspots — from Silicon Valley, to Western Europe, to South-East Asia. These entrepreneurs have colonized the world’s best accelerators, including such ones as Y Combinator, 500 Startups and Techstars. Russian-speaking entrepreneurs reportedly accounted for 40% of a recent Alchemist batch. The …
Russian tech entrepreneurship on the rise: Forbes identifies 10 “future unicorns” Read More
At a recent roundtable event “Digital Toolkits for Medical Projects”, the Russian Ministry for Economic Development announced that it was considering legislative measures to facilitate the testing of new technologies in healthcare. “This experimental regime for telemedicine and prescriptions will increase the availability of consultations for patients and increase the speed of medical care without the need …
The Untitled, one of the most established VC firms investing across Russia and Eastern Europe, has analyzed investment deals involving startups founded over the past 10 years in Russia or by Russian entrepreneurs. The research covered the deals completed from December 2020 to November 202. It was conducted jointly by The Untitled and Rusven, an influential Telegram …
As Buy Now Pay Later (BNPL) has become a popular way for consumers around the globe to settle their purchases, Russia’s Central Bank is seeking to regulate this activity. In this exchange with East-West Digital News,, industry pioneer Irene Shvakman – who co-founded Revo Technologies, Russia’s first BNPL service, even before today’s Western leaders appeared …
Shared mobility markets in Russia could grow by over 50% in the next five years, meaning good news for services provided by U.S.-listed Russian tech giant Yandex, JP Morgan said in a recent note. Ride-hailing and car-sharing markets could reach about 1.4 trillion rubles in 2026 from about 0.9 trillion rubles in 2021 ($19 billion …
JP Morgan: Shared mobility in Russia a “huge” growth opportunity Read More
This year’s edition of Open Innovations — one of Russia’s top tech events — was marked by the participation of holders of Nobel, Fields, Wolf and Abel Prizes, leading Russian and foreign scientists and futurists, alongside representatives of corporations, businesses and government bodies. They shared their vision of the future with over a million of viewers from 70 countries followed expert presentations. …
Nobel Prize winners’ tech anticipations encapsulated at major Moscow conference Read More
It is still difficult for industrial companies to understand why they are in need of digital transformation. The ideal future for the industry will be not just the automation of the existing processes, but the establishment of new business models. This and other topics were discussed at Nobel Vision. Open Innovations 2.0, a major international conference held yesterday at Skolkovo …
Like many significant political developments of late, the decision to block TOR came almost unannounced by the Russian authorities. TOR — an acronym for “The Onion Router” — is encryption software that allows users to stealthily surf the Internet and bypass locally imposed web restrictions. Russian internet users spotted the blocking of TOR, and it was only after …
The pandemic has had an unprecedented impact on retail and delivery markets. In Russia, e-grocery was among the most impacted industries: the number of orders in this segment increased by 174% y-o-y in the first half of 2021, according to Data Insight. Fast delivery has become one of the main trends in the food sector …
How the pandemic has impacted retail, logistics and delivery in Russia Read More
