Russia’s Sberbank Conducts First Blockchain Payment Transaction

Sberbank has become the first Russian bank to carry out a payment transaction using the blockchain technology, which allows transfers within a few seconds.

Russia’s Sberbank Among Almost 50 New Members of Enterprise Ethereum Alliance

Sberbank, Russia’s largest bank has joined Enterprise Ethereum Alliance seeking a new way to capitalize on international markets. The bank is the first Russian bank to become a member of the alliance.

Sberbank Official Says National Cryptocurrency Is a Foundation for Digital Economy

Over this year, Sberbank, Russia’s biggest bank, has proven its interest in blockchain technology in practice. The bank has launched several major blockchain-related projects focused on IT, insurance, trade financing, and documents exchange between companies and departments.

Sberbank Subsidiary Launches Cornerstone, a Blockchain Service for Protected Transactions

Delovaya Sreda (“Business Environment”), a subsidiary of Sberbank of Russia, has launched Cornerstone, a free service for execution of protected transactions using blockchain technology.

Russian Sberbank and Federal Antimonopoly Service Launch Joint Blockchain-Based Project

According to Sberbank’s press office, the biggest state owned bank in Russia has joined forces with the Federal Antimonopoly Service to launch Digital Ecosystem, a project aimed at transferring and storing documents in encrypted form using a digital signature.

Russia’s Sberbank Outlines Its Blockchain Strategy

Sberbank CTO Pavel Khodalev took to the stage at the Global Blockchain Summit in Shanghai talking about the bank’s blockchain strategy going forward.

Sberbank of Russia to Develop a Blockchain-based IT Platform

Speaking to Russian TV channel Russia 24, head of Sberbank German Gref stated that the country’s largest state-owned bank intends to complete the development of its blockchain-based IT platform by the end of 2018. According to Gref, currently some elements of the platform are undergoing testing, with industry-wide operation to commence the next year. “We […]