#Blockchain

Blockchain will see mass adoption in seven to ten years at least, Deputy Chairwoman of Russian Central Bank Olga Skorobogatova believes.

Physicists at the Russian Quantum Center have created and tested the world’s first ‘quantum blockchain,’ an unhackable system for distributed data storage.

ZrCoin, the first tokenized factory in Russia, has raised nearly $1.4 million from 800 investors on the first day of its ICO, with $300,000 being the highest investment. As of now, the sum of raised amounts has surpassed $1.6 million.

Russian payments service provider QIWI has purchased fintech accelerator InspiRUSSIA which mostly focuses on developing blockchain-based solutions. As reported by TASS, the amount of the deal remains undisclosed.

Waves team has announced that their decentralized crowdfunding platform Waves Platform is now hosted in Microsoft Azure’s BaaS cloud.

April 13, Ukraine’s state agency for e-governance and BitFury have signed a historic memorandum of cooperation. A few days later, the country’s Ministry of Justice announced it was ready to deploy blockchain technology within SETAM, the system for escheat sales, and the ministry’s basic ledgers.

A blockchain-based platform for intellectual property management first announced in Russia in late 2016 may be released by efforts of Skolkovo Foundation, banks, a handful of Russian universities and societies for collective management of rights.

According to a Facebook post by Konstantin Yarmolenko, the head of state agency for e-government of Ukraine, the country’s ministry of justice has announced it is ready to deploy blockchain solutions in basic ledgers and the system of escheat realization.