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Topic: [2016-09-29] Russia and South Africa to cooperate on blockchain (Read 294 times)

full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
We will have to wait and see how things will turn out. I thought they were going to work on block chain when they said decentralized ledger...Whats the big difference between a block chain and a decentralized ledger (assuming it's a public decentralized ledger). This should open up new possibilities and achievements for the technology.
legendary
Activity: 1904
Merit: 1073
I feel sorry for South Africa, because Russia jumps from one extreme to the other, when it comes to Bitcoin. The one day it is banned and

the next day they turn 360 degrees and state the opposite. The technology they want to create, seems to be a private ledger, backed by

a decentralized network, not a public Blockchain.  Roll Eyes
sr. member
Activity: 252
Merit: 250
Russia and South Africa to cooperate on blockchain
The central securities depositories of both countries have reached a preliminary agreement on joint development of a proxy voting system based on the distributed ledger technology.
http://www.coinfox.info/news/6477-tsentralnye-depozitarii-yuar-i-rossii-sozdadut-proekt-na-blokchejne-2
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