Browsing the "Russia" Tag

Russia’s Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain

| Anna Baydakova

Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

| Anna Baydakova

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

ice, cave

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

| Anna Baydakova

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

Moscow Blockchain Voting System ‘Completely Insecure,’ Says Researcher

| Daniel Palmer

A blockchain system that will soon be used to allow Moscow residents to vote in elections is currently easy to hack, according to a researcher.

Moscow to Develop a Blockchain System for Transparent City Services

| Anna Baydakova

Russia's capital is seeking a contractor to build an ethereum-based system to host some of the city's administrative services.

Airline’s Blockchain Ticketing Platform Sees $1 Million in July Sales

| Daniel Palmer

Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King

| Anna Baydakova

Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.

Russia Won’t Ban Facebook’s Libra Currency, Deputy Finance Minister Says

| Anna Baydakova

The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.

Russia May Allow Crypto Trading in Upcoming Legislation: Official

| Daniel Palmer

As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed.

Russia’s Central Bank Is Considering Launching a Digital Currency

| Daniel Palmer

The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.