Blockchain

Russia joins forces with Ethereum Foundation to deploy Blockchain technologies in state administrations

December 23, 2018

This past Tuesday VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications. The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly …

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LAToken raises $10 million in ICO to create “the first asset-backed token exchange”

September 9, 2017

As the ICO fever continues to rise, LAToken, a Blockchain platform which aims to make tradable potentially any type of assets, raised the equivalent of $9.6 million in late August. In just three days, investors bought 30 million tokens, each one amounting to 0,001 ETH. During the three next stages of the ICO, which will take place in …

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Russia starts working on Blockchain standardization

December 23, 2018

This past Tuesday Russia’s Federal Agency for Technical Regulation and Metrology (Rosstandart) appointed a new technical committee to work on the standardization of “the software and hardware of distributed register and Blockchain technologies.” “The standardization of Blockchain will allow these technologies to develop at a new level,” expects the agency, acknowledging that Blockchain technology is “actively …

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Russian team prepares $100 million ICO to challenge China in bitcoin mining

November 24, 2017

As Russia is being hit by the ICO (initial coin offering) fever, a company co-owned by Dmitry Marinichev, the presidential Internet commissioner, plans to raise as much as $100 million in cryptocurrencies. Russian Miner Coin (RMC) aims to help Russian entrepreneurs challenge China in Bitcoin mining, reports Bloomberg. The tokens issued will have rights to 18% of the revenue …

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Russian banks look to a Blockchain future

December 24, 2018

Two months after President Vladimir Putin met the founder of ethereum — the world’s biggest cryptocurrency after bitcoin — a consortium of the country’s biggest banks has developed a distributed ledger dubbed Masterchain. This ledger uses a modified ethereum protocol while complying with national security standards, according to the country’s central bank-backed FinTech Association. The lenders, including Sberbank PJSC and VTB Group, are hoping that by adopting …

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New crypto platform helps you launch your own tokenized investment fund

August 31, 2017

Blackmoon Financial Group, a US financial technology and investment management company with Russian roots, today announced the launch of a Blockchain-based platform for tokenized vehicles. The Blackmoon Crypto platform presents itself as “a one-stop solution for asset managers to create and manage legally compliant tokenized funds.” From technology and infrastructure to legal framework and corporate …

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Aeroflot considers using cryptocurrencies and Blockchain in its payment operations

December 23, 2018

Cryptocurrency-based projects are springing up in Russia, as President Putin sees in these technologies a potential instrument for the country’s modernization and the central bank has officially recognized bitcoin a “digital currency.” One of the latest initiatives from the private sector came earlier this month from Aeroflot. The giant Russian airline company is investing 24.6 million …

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Russia’s new Blockchain passion displayed at St. Petersburg conference and Moscow hackathon

December 23, 2018

Illustrating the country’s new passion for the Blockchain technologies, two notable events took place last month in Russia. The first one, the Blockchain & Bitcoin Conference, was held on June 22 in Saint Petersburg, attracting over 600 visitors and 25 exhibitors. As reported by Bitcoin Magazine, “a mixed crowd of denim jeans and custom-tailored suits, typical for …

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Russian team secures $7 million through Initial Coin Offering to “revolutionize zirconium dioxide production”

August 29, 2017

Illustrating the growing traction of blockchain technologies in the country, a team of Russian scientists and financial experts has just raised $7.07 million from 3,955 backers on a blockchain-based crowdfunding platform. Dubbed ‘ZrCoin,’  the project consists in building a factory to recycle metallurgical waste using an innovative technology. The team presents their project as “the first-ever …

Russian team secures $7 million through Initial Coin Offering to “revolutionize zirconium dioxide production” Read More

Putin eyes Ethereum as potential instrument for tech modernization

August 31, 2017

Russian President Vladimir Putin and his economic team have long been under the impression that, to wean the country off its oil dependence, they needed a major leap in some specific area of technology that wasn’t yet dominated by Western, Chinese or Japanese tech giants. As reported by Bloomberg, Ethereum, the world’s largest cryptocurrency after Bitcoin, has …

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Chronopay to support Bitcoin and Blockchain “revolution”

December 23, 2018

Chronopay, a major online payment provider operating in Russia from its Amsterdam headquarters, is including bitcoin to its payment gateway. Its clients will thus be able to accept the popular cryptocurrency. Chronopay founder Pavel Vrublevsky, a controversial figure, had sharply criticized Bitcoin in the past. He has changed his point of view radically: “Having thoroughly studied the …

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QIWI launches Blockchain spinoff

August 31, 2017

Qiwi, a NASDAQ-listed Russian payment company, has created a subsidiary to develop Blockchain products, the Russian business daily Kommersant reported earlier this week. The new company, dubbed ‘Qiwi Blockchain Technologies’ (QBT), will be headed by Alexey Arkhipov, who currently serves as director of crypto-technology development at Qiwi. This year, Qiwi may invest some 100 million rubles …

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