#Blockchain

Bank of Russia concedes employing blockchain technology to de-criminalize microfinancing market and enhance its transparency, Russian publication Izvestia reported. According to the publication, earlier this February the General Prosecutor’s Office of Russia demanded that the Bank of Russia tightens control over microfinancing organizations and pawn shops. A spokesperson for the Central Bank’s working group for […]

A few days ago, Bankir.ru published an interesting feature by Corezoid founder and PrivatBank’s e-business center head, Alexander Vityaz. His predictions stating that VISA, not Bitcoin or blockchain technology, will eventually destroy the banking system, have gone viral across media and social networks. ForkLog talked with Alexander to make things clearer. FL: In your feature, […]

According to Vedomosti, Russian developer company Acronis intends to integrate blockchain technology in its backup solutions. Acronis, headquartered in Singapore, develops storage and backup software solutions for international markets. According to the company’s CEO, Sergei Belousov, 3% of overall sales account for Russia, 40% for Europe, 35% for Americas, and 25% for Asia and the […]

Government institutions are well-known for their continuing attempts to impose controls on everything they may possibly think of. This is not a modern trend; examples of this kind of behavior are identifiable throughout the whole history of humankind. Government is all about controlling after all, and any such entity, be it in ancient Egypt, the […]

As reported by Baltic Course, Nasdaq will cooperate with the Estonian e-residency platform to maintain e-voting service for companies listed on Nasdaq’s Tallin stock exchange. The service will allow the shareholders to vote on various issues without being actually present. Estonian e-residency program allows foreign residents to obtain virtual residency of Estonia to run their […]

KYIV, UKRAINE, 02.11.2016 – Memorandum concerning creation of E-vox, Ethereum-based electronic election system, was signed. The system in question will be used for holding election at any level, varying from municipal councils to the national parliament. Presently, the system is an Ethereum-based smart contract prototype taking into account Ukrainian political peculiarities. The prototype was developed […]

The times when the distributed ledger technology, or, when applied to bitcoin specifically, the blockchain technology, was a scarecrow for big entities, have gone forever. Nowadays, blockchain has become a buzzword for major banks, stock exchanges, and even government institutions.

Five major fund managers from the UK, namely Schroders, Henderson Global Investors, Columbia Threadneedle, Aviva Investors, and Aberdeen Asset Management, are secretly running a test to find out whether the bitcoin’s underlying technology capable of reducing expenses involved in trading. As reported by the Financial Times, the companies intend to use the technology to increase […]