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Tag Archives: Sberbank

bne Intellinews — Russia’s Banking Sector Is Embracing the Blockchain Technology With a Vengence

“Blockchain can change the world just as much as the Internet. This technology is very important to the banking sector as it allows expenses to be reduced, significantly increases the speed and security of transactions and provides an unprecedented level of trust and transparency for all transactions,” commented Andrey Shemetov, Sberbank’s Vice President and Head of the Global Markets Department. “I’m sure that our joint blockchain project with the NSD and MTS is just the beginning, and...

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