Blockchain For Social Payments Explored By Russia’s Kaliningrad District

Announcements, Blockchain | February 20, 2018 By:

Russian state-owned development bank Vnesheconombank (VEB) has teamed with the Kaliningrad district in Russia to test blockchain technology for social payments and electronic services.

Kaliningrad governor Anton Alkikhanov and VEB chairman Sergei Gorkov met last week at the Russian Investment Forum in Sochi to sign the agreement underpinning the trials.