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.
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.