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Last updated: June 17, 2025, 05:23  |  Written by: Emin Gün Sirer

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Russia develops blockchain payments system to replace SWIFT

Russian state-owned company builds blockchain

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

Rostec

The Russian alternative to the SWIFT network connects

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

Earlier This Month Rostec

Russia to Replace Global Swift System by Deploying its

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

Russia Announces Plans to Use Blockchain to Replace

No, Russia won’t replace Swift with the blockchain

Russia announces plans to use blockchain system to replace SWIFT

Emin Gün Sirer can be reached at [email protected].

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The Russian alternative to the SWIFT network connects Russia’s Rostec develops blockchain system as “real alternative” to No, Russia won’t replace Swift with the blockchain Russia to Replace Global Swift System by Deploying its Russian state-owned company builds blockchain Russia develops blockchain payments system to replace SWIFT Russia announces plans to use blockchain system to replace SWIFT Russia Announces Plans to Use Blockchain to Replace

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