Russian Bank Vnesheconombank Exploring Blockchain Transparency with Roseltorg

Announcements, Blockchain, News | October 31, 2017 By:

The Russian government-owned bank Vnesheconombank (VEB) is currently in collaboration with e-procurement platform Roseltorg to come up with a transparent way to handle electronic transactions between businesses and government customers.

The new initiative would also seek to store and verify transactions, and could be in place before the year ends or by early 2018.