The Ministry is following the orders issued by Russia’s Prime Minister earlier this year.
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The practical implementation of this new technology is delayed due to unsolved matters like the slow interaction among the blockchain participants.
The topic of the study will be the regulation of blockchain applications in the Russian financial market.
Lower operating costs and improved user experience are among the advantages of the new service.
The broker is considering developing its own unique Blockchain and conducting an ICO.
ASX notes a change in the DigitalX share price from $0.063 at market close on October 20, 2017 to an intra-day price of $0.099 on October 25, 2017.
The Financial University under the Government of the Russian Federation got the top rank among all applicants.
The use of blockchain for KYC cuts human and financial costs of identity verification.
Sberbank is one of the founders of the fund, which will provide financing to projects related to new technologies.
The KYC blockchain is set to reduce the risk of information duplication and the need for manual checks for both banks and customers, while enhancing the quality of the customer information that is stored.
By completing the minority holder sale, the company has cut the administrative costs associated with maintaining a large number of small holdings.
Russian authorities disagree on cryptocurrency regulation, to focus on blockchain legalization instead
Russia’s Deputy Finance Minister Alexey Moiseev says regulation of crypto currencies faces a delay.
The latest endeavor of GMO Internet focuses on the security applications of blockchain technologies.
GMO Internet is launching its new Region Token.
The companies have entered into an agreement, per which DigitalX is named an advisor to Bankera’s ICO.
The most interesting (and promising) areas in the Blockchain are all those that are outside the crypto-currencies: health care and medicine, logistics, land cadastre, state and corporate document circulation, says UST Global’s José Luis Rivero
Over the past 10 years, Russia has seen only 17 patent applications concerning blockchain and related technologies.
The letter of intent is subject to several conditions including the approval of BCG’s shareholders and board and the approval of BTCS’s board, and the settlement of all of BTCS’ debt prior to closing.