This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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This month begins the free course of Hyperledger Fabric for hispanic americans

The chapter Latin american Hyperledger, the blockchain of the Linux Foundation, announced that registration for a free online course on Hyperledger Fabric are open. In the initiative, aimed at developers, and enthusiasts of technology-based blockchain of Latin America and Spain, also participates in the chilean company Business Blockchain.

Breaking News spoke with Ricardo Ruano, co-leader of Hyperledger Latin america, who noted that this course, which starts next August 20, has a practical approach. The same deals with cases of use of blockchains business, implemented through Hyperledger Fabric.

The course includes 11 sessions and will be offered live via zoom and Spanish. Ruano explained that the programme ranges from the technical to the conceptual to advanced aspects such as design of networks blockchain, encryption of chaincodes (contracts smart) and digital identity decentralised. Also addressing the implementation and metrics of Hyperledger Fabric in its version 2.2, points.

The course of Hyperledger Fabric, says Roan, is aimed at senior developers, systems architects, and software engineers with experience in programming and software development. “However, they can also take advantage of this course, students of careers related to past semesters or graduates,” says the executive, and clarifies that the latter should be sure to review and satisfy the prerequisites that are required.

Among the prerequisites that are listed in the description of the course include: basic knowledge of bitcoin and blockchain, and the languages, Golang, Java, or Javascript, and a computer with Linux operating system Ubuntu 18.x or 20.

The inscriptions were opened this Monday, August 10, account Ruano, and enrolled more than 130 participants, said Ruano. The organizers will be given a credential to those who complete the course and, in the same way that is done with the course developer certificate will be awarded certification to those who pass a special examination.

The instructors of this course have been involved in the development of blockchain business with Hyperledger Fabric. They are Bram Dufour and Juan Pablo Ramírez, leaders Blockchain of Bancolombia, and Ricardo Ruano, also the founder of Business Blockchain.

Business Blockchain has three years of experience in offering a course that prepares for certification in Hyperledger Fabric, said Ruano. “The course is aimed at companies that are working on projects with Hyperledger Fabric, including Bancolombia, and the Santiago Stock exchange,” he said.

The course that will be offered free of charge Hyperledger Latin america and Business Blockchain, has the same content as the Course and Certification, “Certified Hyperledger Fabric Developer” we have offered to Latin american companies in the last three years. The idea is to provide participants with the skills and abilities necessary to develop use cases for blockchains business with Hyperledger Fabric.

Ricardo Ruano, founder of Business Blockchain.

For his part, Camilo Molano co-regional leader of Hyperledger Latin america added: “we want to contribute as a community to strengthen the technical knowledge in the blockchain, since that is indispensable in order to materialize innovation initiatives in the region.”

Several courses on blockchain have been organized previously in various Latin american countries. For example, last July, the government of Valle del Cauca in Colombia, announced that it would offer certified courses and free access to the population-loss product of the pandemic Covid-19. The initiative was carried out with an alliance of the governorate with the ministry of Information Technologies and Communications (ICT) and the online education platform Coursera.

Related:

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Russia’s Largest Bank Sberbank Looks to Launch Stablecoin under New Crypto Law

The state-owned Sberbank’s stablecoin will be functional on its native blockchain built using the Hyperledger Fabric infrastructure. This blockchain will facilitate trade finance transactions involving the exchanging letters of credit.

Russia’s largest banking institution Sberbank is mulling out options to launch its own stablecoin, a digital currency backed by real-world assets. As per reports, the new stable coin will work on Sberbank’s own blockchain platform built on the Hyperledger Network. As per the bank representatives, the Sberbank blockchain will facilitate trade finance transactions. Furthermore, its major focus will be on transactions involving the exchanging letters of credit.

Sergey Popov, director of state-owned Sberbank’s transaction business, said that the new stablecoin will be pegged 1-1 to the Russian ruble. Initially, the Sberbank also plans to limit the stablecoin use only to buy digital assets as per local new publication Vedomosti.

Just a week or two back, Russia rolled out its digital assets law dubbed “On Digital Financial Assets” (DFA) which will come into force by January 2021. Hence, for the time being, Sberbank is just working out options with the stablecoin. Once the crypto law comes into action, Sberbank will join hands with its partners and proceed ahead with the project.

On July 31, Russian President Vladimir Putin himself signed on two DFA bills to bring them into law. However, this bill prohibits Russians from conducting transactions in Bitcoin and other digital currencies.

Speaking on this matter, Popov said:

“We probably may issue a stablecoin on the basis of the law that has been adopted recently. As we can peg this stablecoin to the ruble, this token could become a basis or an instrument for settlements involving other digital financial assets.”

Popov added that the stablecoin, which is currently under consideration, will facilitate settlements involving digital and virtual financial assets.

Stablecoin from Sberbank Will Ensure Faster Payments and Settlements

Sberbank is looking to launch its Hyperledger-based blockchain platform by Q3 2020. A stablecoin will be a logical component of this blockchain platform facilitating faster payments and settlements.

Although the blockchain system will use Hyperledger’s Fabric blockchain framework, the node hosting will happen in Sberbank’s own cloud computing service SberCloud. Sberbank said that the system will remain open for any company to join and host a node. Speaking to CoinDesk, Sberbank’s deputy chair Anatoly Popov said:

“Any company will be able to use smart contracts created by Sberbank right away or create their own. Payments via smart contracts go through automatically and the vendors receive funds in a matter of seconds.”

Moreover, trade finance will be just one such potential use case for the platform. Sberbank also plans to add some of its existing service to its blockchain network.

You can find more news from the blockchain industry following the link.

Altcoin News, Blockchain News, FinTech News, News

Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Russia’s Largest Bank Sberbank Looks to Launch Stablecoin under New Crypto Law

The state-owned Sberbank’s stablecoin will be functional on its native blockchain built using the Hyperledger Fabric infrastructure. This blockchain will facilitate trade finance transactions involving the exchanging letters of credit.

Russia’s largest banking institution Sberbank is mulling out options to launch its own stablecoin, a digital currency backed by real-world assets. As per reports, the new stable coin will work on Sberbank’s own blockchain platform built on the Hyperledger Network. As per the bank representatives, the Sberbank blockchain will facilitate trade finance transactions. Furthermore, its major focus will be on transactions involving the exchanging letters of credit.

Sergey Popov, director of state-owned Sberbank’s transaction business, said that the new stablecoin will be pegged 1-1 to the Russian ruble. Initially, the Sberbank also plans to limit the stablecoin use only to buy digital assets as per local new publication Vedomosti.

Just a week or two back, Russia rolled out its digital assets law dubbed “On Digital Financial Assets” (DFA) which will come into force by January 2021. Hence, for the time being, Sberbank is just working out options with the stablecoin. Once the crypto law comes into action, Sberbank will join hands with its partners and proceed ahead with the project.

On July 31, Russian President Vladimir Putin himself signed on two DFA bills to bring them into law. However, this bill prohibits Russians from conducting transactions in Bitcoin and other digital currencies.

Speaking on this matter, Popov said:

“We probably may issue a stablecoin on the basis of the law that has been adopted recently. As we can peg this stablecoin to the ruble, this token could become a basis or an instrument for settlements involving other digital financial assets.”

Popov added that the stablecoin, which is currently under consideration, will facilitate settlements involving digital and virtual financial assets.

Stablecoin from Sberbank Will Ensure Faster Payments and Settlements

Sberbank is looking to launch its Hyperledger-based blockchain platform by Q3 2020. A stablecoin will be a logical component of this blockchain platform facilitating faster payments and settlements.

Although the blockchain system will use Hyperledger’s Fabric blockchain framework, the node hosting will happen in Sberbank’s own cloud computing service SberCloud. Sberbank said that the system will remain open for any company to join and host a node. Speaking to CoinDesk, Sberbank’s deputy chair Anatoly Popov said:

“Any company will be able to use smart contracts created by Sberbank right away or create their own. Payments via smart contracts go through automatically and the vendors receive funds in a matter of seconds.”

Moreover, trade finance will be just one such potential use case for the platform. Sberbank also plans to add some of its existing service to its blockchain network.

You can find more news from the blockchain industry following the link.

Altcoin News, Blockchain News, FinTech News, News

Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Share:

Thank you!

You have successfully joined our subscriber list.

Related:

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