Blockchain Heats up In Russia – Government Includes Distributed Ledger Plans in Roadmap


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Russian Minister of Communications and Mass Communications Nikolai Nikiforov told a Russian Audience in Moscow at a forum on the Internet economy last week that it’s necessary to examine the possibility of using Blockchain technology in the public interest.

“Blockchain technology as a new subspecies is very interesting, because it can be used in many areas, not necessarily in cryptocurrency. Generally, it should look like in the public interest in terms of protection and certain aspects of this technology can be used,” the minister said.

Nikiforov added that it is very interesting to monitor its development and to conduct various studies.

“We need to look at the horizon of 5-10 years and how this technology can help the national economy, relations between citizens and the state – there are many different areas”

According to another recent report in the Russian press, at written by Igor Korolev, a new roadmap that pitches the proposal to ‘legalize’ Blockchain technology by January 2017 was submitted to President Putin on December 22, 2015. The roadmap is a supplement under the wider proposal called “Internet Program 2025”, an initiative that puts together proposals for the development of internet and communication as a whole in Russia.

“Blockchain – is not the same thing as Bitcoin – it’s a revolutionary technology using distributed databases that could be helpful to banks and organizations that work with securities,” said one government representative from the Supervisory Council Institute of the Internet (IRI).

Co-founder of the payment system Qiwi, Andrei Romanenko, (who helped draft the Internet roadmap), is committed to Blockchain technology and that’s not surprising really as Cryptocoinsnews writes:

It comes as little surprise that Romanenko is vouching for blockchain technology as payment operator Qiwi announced the creation of a new cryptocurrency called Bitrubles in 2016. Company CEO Sergei Solonin also met with regulators and representatives of the central bank to discuss butrubles. At the time, Solonin also said Qiwi is testing sandbox distributed ledger platforms and testing them in accordable with Russian law. “For example, we are working on the creation of a system for the identification of cryptocurrency users,” Solonin confirmed.


As Blockchain News recently reported, Sberbank, Russia’s largest bank by assets, has joined R3 and is actively researching and working on Blockchain technology.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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