Russia has predicted global leadership in the promotion of the blockchain

Sergey Gorkov

Russia could become a world leader in the development of blockchain technology. On Tuesday, August 29, said the head of Vnesheconombank (VEB) Sergey Gorkov, RIA Novosti reported.

According to him, the country has good potential: the technical know-how and talented IT specialists. In addition, the message of the President and the government they have an interest in digital technologies, he said Gorkov.

Over the past six months in the digital sphere, there was a revolution, and the blockchain is becoming a trend of the modern world, said the head of VEB. “The blockchain is fundamentally. This is the thing that needs to change the system of relations between the state, between the citizens and the General principle in society. This is probably the very essence of the blockchain,” said he.

For the successful implementation of this technology requires the will, which will help to solve the bureaucratic issues, the creation of appropriate ecosystems, as well as coordination efforts, said Gorkov.

On 28 August, Deputy Finance Minister Alexei Moiseyev said that the digital currency should be regulated as a financial asset, and buying them needs only qualified investors.

According to Russian presidential adviser Sergei Glazyev, the broad application of blockchain technology will increase the transparency of the Russian market, the confidence of the parties thereto, will facilitate the work of the courts and eliminate the possibility of corruption during registration of property rights.

The blockchain (the blockchain the block chain) — technology distributed databases based on constantly renewing the chain of records. It is resistant to tampering, revision, hacking and stealing information.