Grozny

Grozny Tests Blockchain Projects Backed By Development Bank (VEB) of Russia
Jul 28, 2018 at 11:19
News
Grozny Tests Blockchain Projects Backed By Development Bank (VEB) of Russia
Ibrahim Zakriev, Mayor of Russian City Grozny together with Vnesheconombank (VEB), Russian state-owned development bank, have successfully launched two great blockchain-based pilots to try the technology for the proper management of utilities and housing and lease of all property belonging to the municipality, the bank revealed on July 24. VEB spent almost $40,000 to build the blockchain platforms.
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