RUSSIA TO REPLACE THE SWIFT SYSTEM WITH ITS OWN BLOCKCHAIN PLATFORM

Last updated: June 15, 2025, 22:24  |  Written by: Charlie Lee

Russia To Replace The Swift System With Its Own Blockchain Platform
Russia To Replace The Swift System With Its Own Blockchain Platform

Rostec

Russia announces plans to use blockchain system to replace SWIFT

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 Russian alternative to the SWIFT network connects

Earlier This Month 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

No, Russia won’t replace Swift with the blockchain

Russian state-owned company builds blockchain

The Digital System Of International

Russia Announces Plans to Use Blockchain to Replace

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

Russia to Replace Global Swift System by Deploying its

Russia develops blockchain payments system to replace SWIFT

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