Central regions | Finance, business

Blockchain platform to serve digital assets may appear in Russia

28 Aug '17
National Settlement Depository (NSD), part of the Moscow Exchange Group, earlier this summer announced plans to put together a blockchain platform to comprehensively serve digital (tokenized and cryptocurrency-based) assets, Firrma reported.

The project calls for the development of a platform that would enable registry and settlements of digital assets (based on token ownership certificates), as well as storage of private cryptocurrency keys and identification of cryptocurrency owners. The project owner is also considering launching a service to evaluate digital assets based on market data from the worlds largest cryptocurrency exchanges.

The prospective platform is expected to evolve into a set of services and bridge to bring together digital assets and payment systems working with fiat (conventional) currencies.

The project cost is estimated to be around $200,000. NSD is hoping to kick-start the effort no later than next year.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Locations: Moscow

Tags: cryptocurrency (3) / blockchain platform (1) / tokens (0) / digital assets (0) / National Settlement Depository (0) /

Latest News: Central regions
13 Oct '17 | Finance, business | Retail, FMCG
12 Oct '17 | Finance, business | Technology & innovation
10 Oct '17 | Finance, business | Technology & innovation
4 Oct '17 | Technology & innovation
3 Oct '17 | Finance, business | Technology & innovation

Feature stories

7 Sep '17
26 Jul '17
Scientists at Tomsk Polytechnic (TPU) in Siberia have...
20 Jun '17
In regions most of European Russians will hardly ever...
Search (News archive - 21172)
Marchmont News

Latest News

16 Oct '17
Scientists in Samara have come up with a new method...
13 Oct '17
AURA Devices, a U.S.-registered Russian start-up...
12 Oct '17
SimpleFinance, a Russian online micro-lending...

Most read stories from last week

16 Oct '17
Scientists in Samara have come up with a new method...