Sberbank, the largest bank in Russia, has filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. It has been reported by a local financial event Russian news agency Interfax that Sergey Popov, the Director of the Transaction Business at Sberbank, announced the news on January 21. At “Digital transformation and prospects for regulating the digital economy,” Popov said that Sberbank applied with the central bank in early Janu

On 15th Sep,2020, Sberbank (Switzerland) AG, has signed an agreement with Komgo, a blockchain based platform for commodity trade finance. Sberbank (Switzerland) AG is a part of Sberbank CIB, the corporate and investment banking business of the Sberbank Group of Russia. Sberbank Group is one of the world’s leading financial institutions. The Group employs more than 260,000 people in over 20 countries and includes Sberbank of Russia, the country’s largest bank, which serves ove

Sberbank, the largest state-owned bank in Russia, is working with S7 Airlines, a major domestic airline company, to introduce a blockchain-based ticket sale system, which will enable corporate clients with instant settlement through smart contracts and tokens. On August 26, it has been reported by local newspaper Kommersant that the new system is planned to roll out in September 2020. However, the report notes that this would be the first time virtual tokens are used for paym

Sberbank, the largest bank in Russia, has launched its own stablecoin, shortly after Russia’s President Vladimir Putin, signed the country’s recent cryptocurrency law. On August 4, it has been reported by a local news agency Kommersant that Sergey Popov, the Director of the Transaction Business at Sberbank, says that Russia’s banking giant is thinking of issuing its own stablecoin that could be pegged one-to-one to the Russian ruble. However, according to the report, the pote