New Blockchain System Developed by Russia to Replace SWIFT

New Blockchain System Developed by Russia to Replace SWIFT


Coinnounce
2022-06-20 12:39:07

The Rostec Group is a government-owned corporation that owns several technology enterprises in Russia. They’ve revealed that they’ve built a blockchain platform to create a digital system for international transactions that might eventually replace the global Swift system. Due to sanctions by Western countries in reaction to the Russian-Ukrainian conflict, Russian banks were kicked out of the […]