Russia’s Blockchain Revolution

October 12, 2017, Written by

"Putin Goes All In With Cryptocurrencies"



Image by Davidstankiewicz




Russia has gone a bit blockchain bonkers. President Vladimir Putin has been looking for something for Russia to be good at for a while, but hasn’t had much luck so far. Now it’s the secure data-transfer technolgy’s turn and here Putin actually has a very good chance of making a difference.

Back in 2006, Putin gave a speech in which he said: “Russia’s greatest asset is not oil and gas, but its people. Russia’s human capital is its most valuable resource.”

And given Russia is the country that put the first man into space while working under a totalitarian regime that was run on central planning lines, he probably has a point…

Putin Meets With Company To Possibly Develop Russian Crypto-Currency

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