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The Central Bank allowed Sberbank to launch a blockchain for tokens

     Russian regulator included Sberbank in the register of information system operators that manage digital assets.

     Deputy Chairman of the bank’s Management Board A. Popov has already announced the first transaction with such assets, which should take place this month.

     Sberbank’s platform will operate on the basis of nominal accounts and provide automation of transactions between several persons.

     Data transfer will be carried out using the Tinkoff API protocols, thanks to which banks will be able to refuse to manually create payment orders when making transactions.

     Nominal accounts exclude the possibility of issuing tokens without actual payment and will make transactions transparent not only for market participants, but also for the Central Bank.

     Only legal entities will be able to use this platform.

     Blockchain technology is rapidly replacing all traditional methods of business and investment, thanks to a number of indisputable advantages, such as speed, transparency and cost reduction.