Home / Blockchain / Blockchain: Russia needs to boost transparency with blockchain – are you kidding me?

Blockchain: Russia needs to boost transparency with blockchain – are you kidding me?


Russia, dominated by Vladimir Putin‘s arguably authoritarian regime, needs to leverage blockchain know-how to host Moscow‘s administrative products and providers and boost transparency.

In truth, the authorities is buying for a contractor to originate an Ethereum-basically based entirely machine to host the issuance of property ownership documents, the allocation of slots at farmer markets, and look ahead to it: a voting platform which permits Moscow residents to hold their assert on matters comparable to locations for recent bike paths, street decoration, and metropolis events, CoinDesk reports.

The estimated charge of boost of the kind of machine will roughly be $860,000 and will raise around 60 days to originate once a contractor has been chosen.

It sounds as if, the aim is to leverage blockchain know-how to boost public confidence in Moscow‘s electronic capabilities by rising transparency – one thing for which Russia is no longer known for interior or originate air of its borders.

It goes with out asserting that nearly all news coming out of Russia needs to be met with a favorable level of skepticism given Putin‘s regime is hardly ever known for enjoying by the foundations.

Russian and blockchain

Via blockchain and cryptocurrency, Russia has had a tumultuous  – some would assert confusing – historical previous with each and every.

What bothers me essentially the most, despite the indisputable reality that, is that the hype around blockchain is apparently canceling out Russia‘s pronounce-escape propaganda.

Whereas some must peek blockchain attain properly, let’s no longer let optimism get in the variety of what is indispensable, believable, and ravishing.

And as free press, now we hold a accountability to title propaganda and the failure to attain so is initiating to be depressing.

Published August 15, 2019 — 12:03 UTC

Blockchain: Yessi Bello Perez

Yessi Bello Perez

August 15, 2019 — 12:03 UTC

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