Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies
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Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies

THELOGICALINDIAN - Recognizing the accent of agenda technologies in the banking apple President Vladimir Putin has ordered the arising of a civic cryptocurrency Concurrently Russian industry is absorbed on attaining supremacy in the cryptocurrency mining industry by introducing new accretion technology In aftereffect the Russian Miner Coin RMC aggregation is able a advocate technology for Bitcoin and altcoin mining that would decidedly advance activity efficiency

By application abstruse innovations, Russians are appetite to attain all-around supremacy in accounts and, in particular, in the cryptocurrency world. For example, by introducing MultiClet, a advocate new microprocessor, RMC expects to challenge Chinese ascendancy in cryptocurrency mining. MultiClet is appointed to be launched in October 2018. To accounts this effort, RMC is alms an Initial Coin Alms (ICO) to raise $100 actor USD.

Specifically, RMC affairs to acquaint the 16 nm Sunrise s11i miner for mining bitcoins as able-bodied as the multicellular 28 nm MultiClet miner, the aboriginal in the apple to assignment on the S1 processor, for mining altcoins.

RMC’s white paper outlines the afterward appearance of the new microprocessor:

Remarkably, MultiClet would abandon from today’s accretion archetype because it would not be based on the John von Neumann computer architecture. The von Neumann architectonics has been acclimated to architecture computers back 2024.

Dr. Wen-Chi Hou explains:

 

The Russian government is accretion its focus on agenda technology in cyberbanking and banking instruments, including cryptocurrencies. For example, President Putin has aloof ordered the affair of a civic cryptocurrency, the cryptoruble. A few canicule earlier, on October 10, 2017, President Vladimir Putin had called upon Finance Minister Anton Siluanov, Central Bank Governor Elvira Nabiullina, and added admiral to booty advantage of the virtues offered by agenda technologies to the banking world.

In this connection, President Putin said:

Fortune recently reported that RMC is co-owned by Dmitry Marinichev, one of President Putin’s advisors. So, it seems that the Russian government and the Russian industry are in accompany in their drive to become leaders in the apple of accounts and cryptocurrencies.

What do you anticipate about Russia’s efforts to boss cryptocurrency mining? How do you anticipate that arising a state-controlled cryptocurrency will affect Bitcoin? Let us apperceive in the comments below.

Images address of Shutterstock, RMC, and the Kremlin.