Russia's capital is looking for a contractor to build a blockchain system to host the city's administrative services.
The list of services to be hosted on the platform includes issuance of documents relating to property owners and residents, and allocation of slots at the city's farmers markets. The system is to be based on proof-of-authority consensus and have a maximum capacity of 1.5 million simultaneous viewers.
Building the platform is expected take 60 days once the contractor has been chosen and the agreement signed, according to the terms. The IT Department said it aims to increaseMoscow's electronic services by boosting transparency using blockchain
The platform is also to be integrated with other blockchain experiments currently undertaken by the Moscow city government, including a voting platform dubbed Active Citizen that lets Moscow residents express preferences on matters such as locations for new bike paths and street decoration, or rating city events.
The city has been testing Active Citizen since 2017. There's also a plan to allow a number of districts to vote electronically during this autumn's city legislature elections, also using blockchain tech, according to an official announcement. The option will be available to approximately 6 percent of voters.
Another trial, a system for assigning spots at the city's farmers market on the ethereum blockchain, was launched in 2018, CoinDesk reported at the time. Over 2,700 trading stands during the April to November market season are normally up for grabs, but about 20,000 people usually bid.
Moscow image via Shutterstock
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.