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For blockchain technology Russian Sberbank took possession of the receivable major customer from Turkey. The deal was concluded with the Singapore company. The parties agreed on all aspects of financing and carried out a calculation.
Transaction through the blockchain was held with the company Trafigura – it was confirmed by Alexander Vedyahina, the first Deputy Chairman of the Board. The blockchain technology was used to reduce operational risks, reduce terms of coordination of documentation and simplification of transactions.
Trafigura is a leading company in the international commodities market. In the future Sberbank plans to develop using blockchain technology. Vedyahin also noted that under the deal the Russian Bank have received great benefits. The first calculation was a status display in real time.
Recall that in late spring, the network appeared official information about the fact that the Bank is afraid to work with cryptopleurum solely because of the position of the Russian Central Bank in respect of digital assets. The company indefinitely froze the projects aimed at the implementation of services and functions associated with cryptocurrencies, while in the country did not appear loyal to the law on these aspects.
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