The Masterchain blockchain platform received a certificate from the Federal Security Service of the Russian Federation that it uses Russian cryptography standards and meets information security requirements. This was reported by representatives of the FinTech Association.
In addition, the mechanism of embedding the platform in a decentralized depository system (DDS) was approved.
“Masterchain certification allows us to talk about the platform’s readiness for industrial operation. DDS is now being launched to record electronic mortgages for members of the association, ”said Tatyana Zharkova, FinTech managing director.
Cryptocurrency Protection Information Center “Masterchain” version 1.0 includes a blockchain node, as well as a system for transmitting confidential messages. Work on the Masterchain is being carried out at the site of the FinTech Association, which includes the Central Bank and major Russian banks.
The platform allows you to make online payments, quickly confirm the relevance of customer or transaction data, as well as quickly create financial services.
It is planned that the DDS will be launched before the end of 2019.
Recall that in July 2019, Sberbank announced its intention to leave the Masterchain project. Then representatives of the financial institution explained this by dissatisfaction with the speed, security and overall effectiveness of the platform.
Subscribe to BlockchainJournal news on Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.
BlockchainJournal.news
BlockchainJournal.news
