{"id":7388,"date":"2017-12-06T11:49:08","date_gmt":"2017-12-06T11:49:08","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7388"},"modified":"2018-08-14T12:07:24","modified_gmt":"2018-08-14T12:07:24","slug":"russia-creates-the-first-blockchain-consortium","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/russia-creates-the-first-blockchain-consortium\/","title":{"rendered":"Russia creates the first blockchain consortium"},"content":{"rendered":"<p>M.Video (Russia\u2019s largest consumer electronic retailer), Sberbank Factoring and Alfa-Bank have launched an open consortium aimed at the commercial use of blockchain-based technologies in the financial sector. The new platform has already proven itself to be effective. In particular, it has reduced delivery verification from one-two days to just a few seconds through the use of smart contracts (computer algorithms) that verify information about deliveries in real time. Blockchain not only makes processes more efficient, it also greatly reduces the risk of fraud and that of private data being exposed. M.Video plans to continually add new partners and banks into the platform throughout the coming year.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7388 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='How Russians pay'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-russians-pay\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/08\/0a965054-4224-4ca3-803a-09e510ecfdc01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15225\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15225'>\n\t\t\t\tHow Russians pay\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='South Korea plans interbank payment network'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/south-korea-plans-interbank-payment-network\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/south-korea-plans-interbank-payment-network-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12856\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12856'>\n\t\t\t\tSouth Korea plans interbank payment network\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='5% of Financial Executives Plan on Investing in Bitcoin in 2021'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/5-of-financial-executives-plan-on-investing-in-bitcoin-in-2021\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/03\/9580d275-c44b-4211-87fc-b42bc947a3f3-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15859\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15859'>\n\t\t\t\t5% of Financial Executives Plan on Investing in Bitcoin in 2021\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>M.Video (Russia\u2019s largest consumer electronic retailer), Sberbank Factoring and Alfa-Bank have launched an open consortium aimed at the commercial use of blockchain-based technologies in the financial sector. The new platform has already proven itself to be effective. In particular, it has reduced delivery verification from one-two days to just a few seconds through the use &hellip;<\/p>\n","protected":false},"author":5,"featured_media":7449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,12],"tags":[45,81],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7388"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7388"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7388\/revisions"}],"predecessor-version":[{"id":7424,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7388\/revisions\/7424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/7449"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}