Russian Region Conducts Blockchain Election For Local Youth Parliament

Blockchain, News | December 19, 2018 By:

The government of Saratov Oblast, a region located in the southeast of Russia, has successfully conducted a blockchain election with 15,000 participants.

The blockchain election was reportedly held to determine the members of the Youth Parliament in the local Duma. The election was conducted in over 45 Saratov-region constituencies with 110 polling booths,


Russian Telco MTS, Sberbank Complete Blockchain-Based Commercial Bond Transaction

Blockchain | December 2, 2018 By:

The National Settlement Depository (NSD), Russia’s central securities depository, has announced the completion of a commercial bond transaction between MTS, a mobile network operator in Russia, and state-owned Russian bank Sberbank.

The commercial bond placement was first announced in May of this year when MTS said that it issued commercial bonds denominated in rubles using NSD’s Hyperledger Fabric-based blockchain platform.


Russia To Create Ruble-Pegged Stablecoin

News | November 5, 2018 By:

Anatoly Aksakov, chairman of Russia’s State Duma Committee on Financial Markets, said that they are considering the creation of a ruble-backed stablecoin.

During a press conference on the growth of the debt load of Russian citizens, Aksakov said that he is confident that the government will back a cryptocurrency,


India Approves Blockchain Research By BRICS Member Banks

Blockchain, News | September 13, 2018 By:

India’s Union Cabinet, the supreme decision-making body in the country led Prime Minister Narendra Modi, has approved a memorandum of understanding (MoU) on a joint research on distributed ledger and blockchain technology.

Earlier this week, the decision-making body announced that it would allow the Export-Import Bank of India (Exim Bank) and banks from other BRICS member states –