Policies

Russia’s central bank seeks active involvement in fintech developments

June 3, 2016

Over the past few months Russia’s Central Bank has made several steps to track and get involved in the developments of financial technologies. In February, the bank created a working group to implement fintech innovation in cooperation with market players. Among the fields of investigation of this working group are Blockchain technologies and the way …

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Russia plans to launch its own national cryptocurrency

August 31, 2017

Russia’s federal financial monitoring service, Rosfinmonitoring, has announced that the country will soon have its own national cryptocurrency, according to the newspaper Kommersant. No official proposal has yet been written to this effect, but the idea of a cryptocurrency is being discussed with bank representatives at sessions organized by the Ministry of Finance and the Central …

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Russia considers deploying Hyperloop systems across the country

March 2, 2017

“Russia is technologically ready to launch such large-scale projects as Elon Musk’s Hyperloop,” Russian minister of transport Maxim Sokolov said in mid-May at a press briefing in the southern Russian city of Sochi. As reported by Russian business daily RBC, this Hyperloop-like transport system would link the western and eastern ends as well as the northern and …

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Moscow ground transport to get Wi-Fi by end of 2016

March 2, 2017

All Moscow buses, trolleybuses and trams will be equipped with free wireless Internet connection by the end of this year, news website M24.ru reported Wednesday, citing the city’s transportation authority Mosgortrans. Free Wi-Fi is currently available on 4,000 buses, trams and trolleybuses around the city. “The new service is gaining popularity among passengers. More than …

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New law to achieve unprecedented control over Russian citizens’ communications

February 28, 2017

Russia, which gave asylum to Edward Snowden after he exposed a vast U.S. surveillance program, is seeking unprecedented controls over its citizens’ communications. The lower house of parliament in Moscow gave preliminary approval to a bill that would require providers to store recordings of mobile-phone conversations and Internet activity for as long as three years. Since …

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Skolkovo agrees cooperation with Algerian technoparks

May 20, 2016

In late April Skolkovo, the international tech hub under completion on the outskirts of Moscow, signed a cooperation agreement with Algeria’s National Agency for the Promotion and Development of Technoparks (ANPT). This partnership came as one of the results of a visit to Moscow by the Algerian prime minister and the ANPT’s director Abdelhakim Bensaoula. As reported …

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How e-health could revolutionize Russian healthcare: the Netherlands shares its experience

May 12, 2016

Policymakers, doctors and scientists from both the Netherlands and Russia gathered in Moscow last month under the auspices of the Russia-Netherlands bilateral health working group to exchange ideas and share expertise about e-health solutions. “In the Netherlands, the healthcare sector is aware of the necessity to join forces for smart solutions for sustainable healthcare. This can …

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Russian government unveils plans to launch e-commerce export platform

March 30, 2017

Last week, the Russian government unveiled some key aspects of its plan to launch an e-commerce platform dedicated to exporting Russian goods. In addition to serving end consumers directly, the platform will seek to cooperate with such international marketplaces as AliExpress, JD.com, eBay and Amazon. It will feature payment, credit, insurance, customs, logistics and other export-related …

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Russia’s top investigator proposes to strengthen Internet censorship to fight “US information war”

April 19, 2016

In an article published yesterday in the Kommersant Vlast weekly, the head of Russia’s Investigative Committee Alexander Bastrykin has proposed a range of measures to give a “strong, appropriate and balanced response” to the information war that he claims the US and its allies are waging against Russia. The measures include imposing new restrictions on the Internet: Bastrykin …

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Akademgorodok: The last Soviet utopia, or the next Silicon Valley?

April 6, 2016

Located twenty miles from Novosibirsk, Akademgorodok, which literally means ‘academic town,’ was established in 1957. It quickly became a major Soviet scientific hub, with talented researchers settling there from all the country. After the fall of communism, however, salaries and funding collapsed. But Akademgorodok managed to attract a number of foreign companies including IBM, Intel and Schlumberger, …

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Uber to limit Moscow service to licensed cars and share data with city authorities

March 2, 2017

Uber  has agreed to limit its service in Moscow to drivers with a transportation license, Bloomberg reported yesterday. The company said it will also share traffic data with city officials, as well as the number of drivers using the app each month. Moscow’s transportation department had previously planned to ask police and a judge to …

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