If they manage to hire a single person who is well informed about crypto to implement this (and not have clueless officials proceed to override all of this person's decisions), unless they roll their own system entirely from scratch, it is by far most likely that they will fork graphene (the toolkit that BitShares, STEEM, PeerPlays, and Muse are based on). They will remove voting functionality, They will also tweak a BUNCH of other things in ways that would break a decentralized chain, since their threat model will exclude the possibility of rogue block producing nodes on the blockchain. By the time it is ready to launch, it would also be the official system for Russian companies to hold ICOs - because why build two things when you already have one really powerful one that can do both without breaking a sweat.