Per the report, during the St. Petersburg International Economic Forum this week, the general director of the region’s development fund, Roman Genkel, signed an agreement with Alexander Borodich, the CEO of blockchain startup Universa, to launch the platform.
According to a blog post from Universa on June 7, the system will enable tracking public spending and investment to ensure transparency. The company claims:
“Tagging the money using distributed ledger technology will protect government grants and investments against misuse.”
https://cointelegraph.com/news/russian-region-yugra-to-launch-blockchain-enabled-tourism-platform
