The president of Russia Vladimir Putin has meet with ethereum inventor Vitalik Buterin during an event last week in St.Petersburg in the east of Russia during the international Economic forum , which took place between 1st and 3rd June, following an address to a global group of chief executives.
According to the brief announcement released on Friday by the Kremlin:
« Mr. Buterin described the opportunities for using the technologies he developed in Russia. The President supported the idea of establishing ties with possible Russian partners. »
Buterin, who described the meeting as a « brief conversation » on Reddit, did not immediately respond to a request for comment.
Putin’s meeting with global heads of business is notable to the blockchain community for reasons that go beyond the conversation with ethereum’s inventor. In a brief address, the president gave insight into multiple blockchain efforts happening within Russia, this steps that Russia has make during the last few week , can be add to other action of launching a digital currency in Russia, that will be the official digital currency of this country, accepting bitcoin as an offical payment system, all this action taken by Russia has been seen by experst, as a signal from Russia to become the leader of the crypto currency in the world , because in the other side of the equation USA has add the bitcoin to stock exchange in nasdaq , so soon we will see a silent war on the leadership of crypto currency between this two leader of the world .
From the Kremlin’s official translation of the address:
« We are doing a great deal to create a favorable business climate and above all to provide macroeconomic conditions for sustainable economic growth and a stable social system – so that working in Russia is beneficial and pleasant. »
Blockchain efforts accelerate
The news comes less than a two days after howtoernmoneyusinginternet reported on several bitcoin and blockchain-related announcements out of Russia. First, Russia’s central bank is writing a new law focused on bitcoin and other digital currencies, and also, the Bank of Russia is interested in developing a national cryptocurrency.
In May, that the Moscow Exchange Group was in the final stages of tests on a blockchain-based stockholder voting platform using the Hyperledger Fabric which the group hoped would lead to an increased sense of comfort from international investors.
the Moscow Exchange Group was among early participants in a possible Central Securities Depository consortium aimed at leveraging blockchain efficiencies at the highest levels of the financial sector.
Indeed, Russia’s government, too, has been exploring applications, with Russian Prime Minister (and close Putin ally) Dmitry Medvedev pushing for research into the tech earlier this year.
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