Category: Telecom

Russia’s second-largest bank, VTB, pilots bank guarantees on blockchain

Russia’s second-largest bank, VTB, pilots bank guarantees on blockchain

Major Russian bank VTB uses a central-bank-backed blockchain to issue bank guarantees to local cellular network giant MTS. 2785 Total views 34 Total shares VTB, the second-largest bank in Russia after Sberbank, has piloted a new blockchain-based system to issue bank guarantees. According to an official announcement last Wednesday, VTB provided a blockchain-enabled bank guarantee to […]

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