Russian payments processor QIWI could introduce blockchain technology in power industry companies in 2017. As reported by RNS, the pilot project is currently being under development in association with Crimea-based Taurida Electric.
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Bank consortium R3CEV has announced it successfully completed testing blockchain technology for usage in settlements between international financial organizations. Fifteen members of the consortium took part in the test: Barclays, BBVA, BNP Paribas, Commonwealth Bank of Australia, Danske Bank, ING Bank, Intesa Sanpaolo, Natixis, Nordea, Scotiabank, UBS, UniCredit, US Bank and Wells Fargo. The experiments […]
Russia’s blockchain consortium will initially incorporate five banks along with the project’s initiator, payments processor QIWI, and the Bank of Russia as a regulator.
According to Russian news outlet Izvestia, local payments processor QIWI intends to become the driving force behind creation of a consortium of Russian banks interested in development of blockchain applicability standards.