Russia’s Sberbank Completes First Bound Transaction on Blockchain

Home / Russia’s Sberbank Completes First Bound Transaction on Blockchain

Country’s first commercial bond transaction made using blockchain was conducted between Sberbank and telecoms firm MTS. On Tuesday MTS confirmed that they placed commercial bonds of 750 million rubles ($12.11 million), using a proprietary blockchain platform provided by the National Settlement Depository and Sberbank was the primary buyer.

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