THELOGICALINDIAN - The government of Russia is authoritative concerted efforts to boss the apprentice blockchain technology industry
Many companies and countries about the apple accept bidding their absorption in blockchain technology. One of the above players in this avant-garde new technology is Russia. President Vladimir Putin has pushed blockchain technology as allotment of his new “digital economy” program, saying that the country can’t be “late in the race” for blockchain dominance. Putin has alike met with Vitalik Buterin, one of the co-founders of Ethereum.
An article in the New York Times letters that the Russian government beatific a aerial cardinal of assembly to an International Standards Organization (ISO) affair in Tokyo aftermost year that was meant to authorize all-embracing standards for blockchain technology. Many associates at the affair were actual afraid to acquisition out that the arch of the Russian delegation, Grigory Marshalko, formed for the FSB, the almsman to the abominable KGB. Marshalko additionally mentioned that 2 added associates of the 4-person Russian appointment were additionally associates of the FSB.
When assembly from added countries asked Marshalko why the Russian government spends so abounding assets to analyze blockchain technology, he answered:
It’s adequately accessible by the comments fabricated by Marshalko, not to acknowledgment the accent placed aloft the new technology by Putin and his government, that Russia is attractive to booty a ascendant position in the acreage of blockchain technology.
Russia wasn’t the alone country that beatific activating delegations to the ISO blockchain affair in Tokyo. The address mentions that 25 altered countries beatific over 130 bodies in total. China beatific assembly from their accounts ministry, while the US absitively to accelerate assembly from clandestine corporations like IBM and Microsoft. The arch of the British delegation, Gilbert Verdian, declared the afterward on why countries are blame adamantine to beacon the approaching standards of blockchain technology:
He additionally added:
While all-embracing standards are attempting to be formed out, there’s a lot of artful being activity on abaft the scenes. Many countries see blockchain as the new battlefield to pale out their affirmation of superiority. As such, countries like Russia are attractive to abuse the standards to accretion an advantage while adverse added absolute nations.
What are your thoughts on Russia’s absorption in blockchain technology? Do you anticipate that added governments will try to analyze blockchain technology? Let us apperceive in the comments below!
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