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Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens
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Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens

Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins
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Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto
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Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank
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Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

The first gold-backed digital financial assets were issued by Russia's biggest bank, Sber (previously Sberbank) (DFAs). Gold-backed DFAs represent certified monetary rights whose price and volume rely on gold prices. In July, Sber issued three-month assets worth 1 billion roubles.

Sberbank Executive Touts Blockchain for Russia
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Sberbank Executive Touts Blockchain for Russia

Sberbank executive Alexander Vedyakhin believes blockchain technology could help Russia solve current settlement issues, offering new capabilities for payment systems.

Sber Bank's blockchain technology uses Metamask
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Sber Bank's blockchain technology uses Metamask

Russia's biggest lender integrates its blockchain technology with Ethereum to enter DeFi and Web3. The connection lets users utilize Sber's tokens and smart contracts. Sberbank is developing blockchain goods. It requested a blockchain platform for its "Sbercoin" stablecoin from the Bank of Russia in 2021.

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform
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Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Sberbank expects digital assets trading to be rolled out to the bank’s customers later this year.

Russia largest bank is moving forward with the plan
sberbank

Russia largest bank is moving forward with the plan

Sberbank, Russia's biggest bank, will begin open DeFi platform testing in April 2023.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
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Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Bill Gates Foundation’s COVID-19 Vaccine is a Satanic Plot says Oscar-Winner
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Bill Gates Foundation’s COVID-19 Vaccine is a Satanic Plot says Oscar-Winner

Microsoft’s recent patent for a human powered crypto mining system based on sensors that convert physical or mental activity into computer power has generated a lot of interest and captured the imagination of the public, but perhaps some are looking a little too closely.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
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Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets
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Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets

Vladimir Potanin, arguably the richest man in Russia, has been granted permission to offer digital tokens to book air tickets, purchase metals, and transfer ski passes using his blockchain platform dubbed Atomyze. The much-needed go-ahead was given by the nation’s central bank last week based on Potanin’s urge to tokenize commodities from a consumer perspective.

Bill Gates' COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer
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Bill Gates' COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer

The COVID-19 pandemic has brought many subjects to the forefront: our reliance on oil, manufacturing in China, the need for digital dollars, the frailty of our global supply chain, and our lack of preparation to deal with the outbreak. However perhaps the strangest topic online and the most unavoidable has been the conspiracy theory chasing Bill Gates and his foundation’s efforts to produce a vaccine. The accusations range from him directly being the cause of the pandemic, to being the head of an Illuminati like circular cabal bent on controlling the world through microchips, and now an insidious plan to depopulate the planet of billions of people.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
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UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

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