Masterchain – DIGIT INFO

Bank of Russia Registers Another Digital Asset Issuer

DIGIT — Mon, 13 Mar 2023 05:30:35 +0000

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number of Licensed Digital Asset Issuers in Russia Grows to Five The Central […]

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Russian bank issues first on-chain bank guarantee in Chinese yuan

DIGIT — Thu, 02 Mar 2023 21:00:00 +0000

The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network.

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Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain

DIGIT — Thu, 02 Mar 2023 14:50:07 +0000

A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s Masterchain to Issue Bank Guarantee in Yuan Moscow Credit Bank […]

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Russia’s second largest bank VTB pilots bank guarantees on blockchain

DIGIT — Mon, 21 Dec 2020 12:09:16 +0000

Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS.

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