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Business & Legal Environment

Jan 19, 2018

Russia’s National Settlement Depository Improves Channel For Client Interactions

National Settlement Depository (NSD) has improved the channel for client interactions by implementing the Application Programming Interface (API) for online banking services

Jan 18, 2018

Russian money and expertise for new blockchain funds

In late December Waves, a global public blockchain platform with Russian roots, announced the creation of Basics, a fund which aims to invest essentially in blockchain infrastructure

Jan 12, 2018

Is Russia ready to embrace blockchain in 2018?

In Russia, authorities plan to introduce the CryptoRuble, and the Moscow government is considering use of blockchain to ensure transparency in its voting system. But is the general public ready to embrace the change?

Jan 11, 2018

Alexander Smbatyan : “New technologies have taken the central stage in Moscow city’s development plans”

Tech investor and advisor to Moscow deputy mayor Alexander Smbatyan comments on the opportunities brought by technology in the fields of human capital and city development

Dec 27, 2017

Russia backs IT solutions for builders

The company is expected to use the investment to tweak the technology and put together an aggressive marketing campaign

Dec 18, 2017

Playkey raises over $10.5 million in ICO

Playkey, Russia’s first cloud-based decentralized gaming platform and a resident startup of the Skolkovo Foundation, has raised more than $10.5 million in an ICO (Initial Coin Offering)

Dec 06, 2017

Government supports IT solution for builders

The Sinteka service is working to automate operations for suppliers and contractors in real estate development projects

Dec 04, 2017

Russia’s AI market may grow 40 times within three years, analysts believe

The Russian market for artificial intelligence and machine learning solutions is expected to skyrocket from a modest $12m this year to an estimated $475m by 2020 already

Nov 27, 2017

Sberbank acquires stake in leading face recognition company VisionLabs

Russia’s biggest lender, Sberbank, has acquired 25.07 percent of shares in Skolkovo resident startup VisionLabs, which has been ranked one of the world’s best face recognition technology companies

Nov 25, 2017

Russian Internet advertising beats TV for the first time

For the first time, total spending on Internet advertising in Russia was more than spending on television advertising

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