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Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade

Post author:MiamiCrypto
Post published:September 12, 2022
Post category:conflict Corporation cross-border payments Crypto Cryptocurrencies Cryptocurrency Digital Assets Digital Currency digital ruble international settlements News Payments restrictions Rostec Russia russian Sanctions Settlements Stablecoins tests trials Ukraine War

Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can…

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

Post author:MiamiCrypto
Post published:June 4, 2022
Post category:Banking Banks Blockchain blockchain technology CELLS Crypto Cryptocurrencies Cryptocurrency Digital Currency DIstributed Ledger DLT Finance foreign trade international payments international settlements messaging system national currencies Payments platform Rostec Russia russian Sanctions Settlements swift system trade Ukraine War

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an…