ON THE BLOCKCHAIN

Last updated: June 16, 2025, 00:44  |  Written by: Michael Saylor

On The Blockchain
On The Blockchain

Russia develops blockchain payments system to replace SWIFT

Russia announces plans to use blockchain system to replace SWIFT

No, Russia won’t replace Swift with the blockchain

Rostec

Earlier this month Rostec, a state corporation that comprises more than 700 enterprises in the fields of defense and technology, announced they have developed a

Rostec, a state-owned defense conglomerate headquartered in Moscow, has announced that it has developed a blockchain platform that can be used for international

Russia’s Rostec develops blockchain system as “real alternative” to

Russian state-owned company builds blockchain

Russia Announces Plans to Use Blockchain to Replace

The Russian alternative to the SWIFT network connects

The Digital System Of International

The digital system of international payments will allow Russia to pay for its imports in its national currency, the Ruble, instead of the USD. The new system will also allow

Russia to Replace Global Swift System by Deploying its

Michael Saylor can be reached at [email protected].

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