Saturday, June 4, 2022

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. According to Rostec Executive Director Oleg Yevtushenko, “a digital payment system based on a blockchain […] The post Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT first appeared on PR Business News Wire.
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