Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » Moscow will create a blockchain platform based on Ethereum to serve the public

    Moscow will create a blockchain platform based on Ethereum to serve the public

    0
    By BlockchainJournal on August 16, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Moscow administration has begun to search for a contractor who will create a blockchain platform to automate public services. This was reported by local media with reference to the press service of the Moscow Department of Information Technology.

    The agency announced an auction to develop a system based on the Ethereum blockchain , which will have a set of functions for interacting with citizens. The developer will receive from the city hall 57 million rubles ($ 860,000).

    The system should autonomously issue documents to people, for example, when dealing with real estate. According to the department, the platform should have high bandwidth to simultaneously serve up to 1.5 million users.

    After choosing a contractor for the development of the system, the capital administration takes 60 days. The ultimate goal of launching a blockchain network is to increase Muscovites' confidence in the city’s authorities, as well as the spread of electronic services and increased transparency of operations.

    It should be noted that the Russian authorities are striving to accelerate the introduction of digital technologies in all spheres of the economy and public services in order to reduce citizens' expenses for processing business and other documents and minimize the corruption component by increasing the transparency of the departments.

    Publication date 08/16/2019
    Share this material on social networks and leave your opinion in the comments below.


    blockchain Business Economy ethereum Featured Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Memecoins jump $5B while NFTs see selective recovery led by CryptoPunks

    November 11, 20252 Mins Read

    Is the 20% Zcash (ZEC) price correction setting up its next breakout above $688?

    November 11, 20252 Mins Read

    SoftBank liquidates $5.83 billion in Nvidia to finance its investment in OpenAI

    November 11, 20252 Mins Read

    eToro (ETOR) stock jumps 7% following Q3 results and $150M share buyback plan

    November 11, 20252 Mins Read

    $1.7B Bitcoin and Ether ETF outflows fail to sink price thanks to whales

    November 11, 20252 Mins Read

    End of the government shutdown boosts institutional accumulation and hopes for 16 ETFs

    November 11, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.