Central Bank of Belarus has established an information network on the basis of the blockchain

in #blockchain7 years ago


The national Bank of Belarus was established on the basis of the technological processes of the blockchain informative network for the solution of banking and non-banking issues reported in the press service of the regulator.
As informs Bank of Belarus, the first network of the blockchain is actually quite embedded in the framework of the banking institutions of the state. The owner of the supporting portion of the chain may be each Bank or non-Bank credit and financial organization of the country. Network administrator blockchain in the banking concept of Belarus is assigned to the Estimated center of the State Bank.
The network was tested with a historical sample of actual applications was the ability to transfer data on Bank liabilities. A new mechanism of maintenance of register of Bank guarantees sufficient to facilitate providing mutual access of economic entities of member States of the Eurasian financial Union (EEU) to the operations of the national purchases.
In the next phase it is planned to introduce the blockchain in the market of important papers. OJSC "Belarusian currency and stock exchange" is going to use technology with the purpose of maintaining the register of actions with significant securities in exchange and OTC markets.
Any restrictions in the use of the blockchain in the field of informative technology does not exist, however its use in transactions with a numerical monetary unit in this step, in Belarus is not implied.

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