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17/02/2020
21:33
Bank of Russia approves Norilsk Nickel's pilot blockchain project

The pilot implementation of a blockchain platform for the issue and management of digital rights has been successfully completed at the Bank of Russia's regulatory sandbox. The platform makes it possible to digitize (tokenize) goods, services, securities, and other assets, the Central Bank of Russia informed.

The blockchain platform was developed by MMC Norilsk Nickel. Its actual launch will be possible as the draft federal law "On digital financial assets" takes effect. The draft law was revised and amended based on the pilot implementation results.

It should be recalled that the Bank of Russia's regulatory sandbox makes it possible to test innovative financial market technologies and services and, upon successful pilot implementation, to initiate legislative changes to remove barriers to their implementation.

"AK&M", 17.02.2020 12:29

 

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