VLADIMIR PUTIN ENDORSES BLOCKCHAIN: RUSSIA CAN’T BE ‘LATE IN THE RACE’

Russian President Vladimir Putin used plucin technology during a meeting today with Hermann Greif, president of Sberbank, the largest bank in Russia, saying: "We need professionals in this field."

Greif said his bank would apply the plucchin technology in its work and suggested Putin should include the Russian government in the education of vocational training and education, according to Russia Insight on YouTube. Biloxin is one of the main components of digital currency networks such as Betquin and Atherom. Griff said:

"We need professionals in this area." He also called for "very precise regulations" that do not prohibit digital currencies. He added:
"There is a need to be cautious but obviously we need legislation on this issue because this technology has a big impact"

Putin said in response to Greif; "Well" before you begin to explain why Russia needs more to participate in the technology of the Baluchin. "They may ask colleagues and citizens in the country: Why do we need all this? We have oil, gas, coal and minerals of all kinds ... we have it all! But we need more progress. That's what we need "

Putin quoted an Arab oil minister (whose name was not disclosed), who used the stone age scale to describe how emerging technologies could disrupt society. (Analogy is a common expression that has taken many different forms). "The stone age has not ended because of the lack of stones, but it is over because new technologies are starting to emerge. "Now new technologies are emerging in the world," Putin said. Those who "lag in the race" will depend on the leaders who adopted the proxies early. "The Russians will not allow that," Putin said.

Russia and digital currencies

Betquin and other digital currencies are still banned in Russia as a method of payment, but a bill was introduced late last month that would legalize and regulate virtual currencies to curb illegal activity. The central bank said the law was not strong enough and needed improvement. The news agency "Interfax" quoted Putin as saying that he had instructed the Ministry of Finance earlier to create a currency "Cryptoruble." On the other hand, Finance Minister Anton Silwanov foiled this idea in a letter this week, saying he would support financiers to create a Russian virtual currency, not the government. And he said:
"Attempts to use the national currency to attract foreign investment will have to be replaced by foreign currency."

Despite the illegal status of the digital currency, the Russian government intends to experiment with the technology of the balkin. In a related context, Moscow is testing the voting system through the ethylene-based blocker of its "Active Citizen" platform. As well as the regional government of Kaliningrad, which is testing the payment system through the Biloxin.