Blockchain: The new Oil of Russia

Currently, the energy sector dominates Russia’s economy; the national banking system is considered underdeveloped in many areas. The latest Blockchain conference in Tatarstan is now announcing changes.  At least this implies their title: “Blockchain: The new Oil of Russia”. It remains to be seen whether the blockchain actually takes the rank of Russian oil. In any case, the news about blockchain from the east is growing.

 Putin’s internet consultant founds Blockchain Association

Putin’s probably most important contact person in the Internet, Herman Klimenko, according to Russian media reports, announced the founding of the “Russian Association for Blockchain and cryptic diseases”. The association wants to initiate a dialogue with the Legislature on the legalization of Kryptonians and the possibilities of blockchain for the state and the economy. At the same time, a discussion platform for legislative initiatives and regulatory measures is to be created.

According to a report by the Institute for Internet Development, the association is to be divided into four areas: cryptography and mining, secondly ICOs and crowd funding, thirdly blockchain and fourth international cooperation.

Ethereum enters partnership with the Russian state bank

Last weekend, Ethereum Russia and the Russian state bank Vnesheconombank (VEB) signed a cooperation agreement. The agreement is a long-term partnership. In this context, Ethereum Russia is to support the VEB through its expertise, in particular in the training of specialists and in the research and development of blockchain-based solutions.

Vitaly Buterin commented, “The partnership between Ethereum and VEB provides the unique opportunity to explore and develop the benefits of blockchain for government administration, as well as speed up the adaptation of technology in government organizations in the Russian Federation.”

Ethereum Russia ist ein eigenständiges rechtliches Unternehmen, das von Vitalik Buterin zusammen mit Vladislav Martynov gegründet wurde, um die Ethereum Foundation „rein“ zu halten und vor Interessenkonflikten zu schützen.

 Moscow Stock Exchange: No plans on the introduction of Bitcoin trading

On the other hand, it is not the case that a number of reports have been received which have spread the news that the Moscow stock exchange would include Bitcoins. BTC-ECHO also reported on yesterday. As reported by, such plans have now been rejected by an official body.

Offenbar gehen die Medienberichte auf das Fehlverständnis einer Stellungnahme des stellvertretenden Finanzministers Alexey Moiseev zurück. Dieser hatte sich Anfang der Woche dafür ausgesprochen, den Handel von Kryptowährungen aus Verbraucherschutzgründen auf „qualifizierte Investoren“ und regulierte Märkte zu beschränken; nur beispielhaft nannte er in diesem Zusammenhang die Moskauer Börse.


~ by happy_c0der from The V Server

4 thoughts on “Blockchain: The new Oil of Russia

  1. Somebodү essentialoly lend a hand to make significantlʏ
    articles I’d state. This is the first time I frequented your websіte ρage and
    up to now? I amazed with the геsearch you
    madе to make this actual post amazing. Great job!

  2. Prettу nice post. I just stᥙmbled upon your weblog and ԝante to say that I have
    reɑlly enjoуed surfng around yyour Ƅl᧐g posts.
    In aany case I will bе subscribing to yoսr feed
    and I hoⲣe you write again very soon!

  3. Hey, Guys

    I wanna thank you for all that good feedback!

    I’ll write more Articles about cryptocurrency and some other stuff, and hope that you’ll like the Articles then! 😀

    With nice greetings your happy_c0der! 😀

Add Comment