Russian Bank to Develop Blockchain-Based Payment System


Everyone seems to be interested in Blockchain. It might even be more popular than cryptocurrency itself. Or is that too much of a stretch? Either way, there have been a number of companies and banks announcing pivots into the blockchain sector. Now, it seems the latest to make a move into the industry is Russian state-owned development bank Vnesheconombank (VEB). 

What’s Going On?

The world is now aware that the governor of Kaliningrad, Anton Alkikhanov, and the chairman of VEB, Sergei Gorkov, had a meeting last week at the Russian Investment Forum in Sochi. At the …

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