Russian government turns to Ethereum Foundation for blockchain plans

first_imgRelated Posts What it Takes to Build a Highly Secure FinTech … Adrien Henni The Top 5 Issues Faced by Futurists The Rise and Rise of Mobile Payment Technologycenter_img Tags:#Blockchain#Ethereum#featured#Internet of Things#IoT#MISiS#Russia#Russian Federation#top#VEB#Vladimir Putin 6 User-Interface Musts for Personal Finance Apps Last week VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications.The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly republic of Tatarstan.See also: For future transactions, in blockchain we trustThe agreement includes a “long-term and effective partnership in the implementation of projects using a distributed registry technology and the Ethereum platform,” as well as the formation of an Ethereum expert community.The partners will also launch joint educational and training programs within an upcoming VEB Blockchain competence center. The partnership agreement was signed personally by Ethereum Foundation founder Vitalik Buterin and VEB President Sergey Gorkov. Photo credit: VEB.This competence center is designed to “unite the efforts of all interested parties and create an ecosystem of innovations,” said Gorkov. It is scheduled for opening in September at MISiS, a major Russian science and technology university.“Cooperation between Ethereum and VEB gives a unique opportunity to engage in research and development on the use of blockchain technology for public administration and accelerating the adoption of this technology to government organizations in the Russian Federation,” Buterin stated.Putin is watchingIn June, the Russian government launched a working group to implement Blockchain technologies in state administrations, assigning a coordinating role to VEB, including the creation of the competence center.That same month, during the St. Petersburg Economic Forum, Ethereum caught the attention of Vladimir Putin, which saw in it a potential tool for the country’s economic diversification. The Russian president personally met Buterin at the forum.Just weeks ago, the Federal Agency for Technical Regulation and Metrology (Rosstandart) appointed a new technical committee to work on the standardization of software and hardware related to distributed register and Blockchain technologies, in coordination with the International Standardisation Organisation.This story is published in partnership with East-West Digital News, an international news resource about innovation in Central and Eastern Europe.last_img read more

Pimpri-Chinchwad to get police commissionerate

first_imgMumbai: The Maharashtra cabinet on Tuesday cleared the proposal to carve out a separate Pimpri-Chinchwad Police commissionerate from the existing Pune police commissionerate, with an aim to tackle the growing population, urbanisation, industrialisation, number of motor vehicles, political constituencies and increasing number of complaints. “Pimpri-Chinchwad has grown immensely in recent years. In addition, it hosts a large number of industries, IT companies in areas like Hinjewadi, and colleges. With constant influx of labourers from across the country in all industries, it has been observed that crime rate too is increasing,” said Girish Bapat, Guardian minister of Pune district. “The new arrangement will help in quick response to the crimes reported and maintain the law and order situation,” he said. The proposed commissionerate will have 15 police stations, namely Nigdi, Pimpri, Chinchwad, Bhosri, Bhosri MIDC, Wakad, Hinjewadi, Sangavi, Dighi and Chikhli from the urban areas while Chakan, Alandi, Dehuroad, Talegaon-Dabhade and Talegaon MIDC from rural part. It will cater to a population of around 22 to 23 lakh. On administrative front, the new commissionerate will require creation of 2,633 posts, which will be undertaken in three stages. For the first stage ₹107.72 crore will be spent on creation of 1,568 posts while ₹24.04 crore will be for office use ,and ₹188.83 crore for construction of residence. “We will require land of around 100 acres to set up a new office building, search for which has begun. The entire process would take a month or two,” said Mr. Bapat.last_img read more