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Sberbank uses NSD blockchain platform to place MTS bonds

“Back then, Mr Khasis said that the practical implementation is delayed due to unsolved matters such as the slow interaction of blockchain participants” reports financefeeds.com. Sberbank said that the NSD allowed the parties to use its blockchain platform – based on Hyperledger Fabric 1.1 – to carry out the transaction.Sberbank CIB, the corporate and investment banking business of Sberbank Rossii PAO (MCX:SBER), and Russian telecoms expert MTS, as well as the National Settlement Depository (NSD) have placed commercial rouble-denominated bonds using smart contracts.In January this year, Sberbank announced the establishment of a blockchain laboratory.The blockchain laboratory will interact with Sberbank’s other laboratories and will offer its competencies to other market participants through cooperation with start-ups, associations, communities, and alliances.
 
Source: financefeeds.com



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