Russia’s Largest State-owned Bank Introduces 5,000 Blockchain-based ATMs
May 27, 2020 at 12:36
Sberbank, Russia’s largest state-owned bank, expands and installs blockchain-based ATMs to expand contactless transactions. Thanks to the distributed ledger tech (DLT), the ATMs will provide effective, safe, secure and fast touchless transactions and also offer a significant security and performance level.
Russia: Sberbank Uses Blockchain to Make 3-Way Repo Deal
Dec 10, 2018 at 11:07
Sberbank, a state-owned bank, has sealed a repurchase agreement, or repo, with the help of blockchain on Thursday 6, 2018. Now, the combination of DLT and smart contract sets financial contracts very diaphanous and seems to tighten the security for both the financial institution and the customers.