Blockchain Technology Revolutionizing Russian Banking and Securities
The transaction was carried out using the blockchain platform of Russia’s central securities depository (National Settlement Depository, or NSD). This platform is based on the Hyperledger Fabric 1.1, one of the latest blockchain implementation frameworks. As reported by Sberbank, “the use of the blockchain allowed securities and money to be transferred simultaneously.” While the issuer, the NSD and the investor had access to the decentralised platform to carry out the deal, “the list of participants could be changed dynamically,” making the transactions accessible “to a wide range of investors.” “Changing the world” with blockchain “Blockchain can change the world just as much as the Internet. This...
The transaction was carried out using the blockchain platform of Russia’s central securities depository (National Settlement Depository, or NSD). This platform is based on the Hyperledger Fabric 1.1, one of the latest blockchain implementation frameworks. As reported by Sberbank, “the use of the blockchain allowed...
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