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A Russian bank may make a pioneering step for the country in allowing its investors to invest in cryptocurrency this year, reports claim.
Gazprombank VP: There Is Demand For Crypto
Various local media outlets today quote Gazprombank senior vice president Aleksandr Sobol as saying “some kind of pilot” scheme involving cryptocurrency might surface as soon as the end of 2018.
Gazprom is a state-owned Russian bank, the third largest bank in the country by assets belonging to the parent company Gazprom.
The move, which if acted on would could about through the bank’s sister operation in Switzerland, would represent a rare opportunity for major Russian investors.
Provider of blockchain solutions, ULedger has announced that it will be offering universities and non-profit organizations the opportunity to utilize ULedger’s blockchain solution at no cost. With the ability to integrate into any legacy technology infrastructure, ULedger allows companies the ability to become blockchain-enabled, providing a reliable and immutable record of data. ULedger was built for the mission of bringing blockchain to the masses, and this new program is designed to afford even more institutions the ability to improve their existing systems and integrate blockchain technology.
Workforce payment services provider Fleetcor has announced a pilot using xRapid, a product powered by Ripple’s XRP cryptocurrency.