Bne Intellinews — Russia's Banking Sector Is Embracing The Blockchain Technology Alongside A Vengence

“Blockchain tin alter the basis merely every bit much every bit the Internet. This engineering scientific discipline is rattling of import to the banking sector every bit it allows expenses to live on reduced, significantly increases the speed in addition to safety of transactions in addition to provides an unprecedented marker of trust in addition to transparency for all transactions,” commented Andrey Shemetov, Sberbank’s Vice President in addition to Head of the Global Markets Department.

“I’m certain that our articulation blockchain projection alongside the NSD in addition to MTS is merely the beginning, in addition to products in addition to services using blockchain, including smart contracts, volition conk commonplace inwards the future,” he added.

Russian Federation Insider
Russia's Banking Sector Is Embracing the Blockchain Technology With a Vengence

bne Intellinews