By allowing digital information to be distributed without being copied, blockchain technology creates the backbone of a new type of internet. Originally invented for crypto-coin technology, the tech community is now finding other potential uses for the technology.
Russian Banks Switch To Crypto Currencies To Beat Ukraine War Monetary Sanctions
NEW YORK - The impact of sanctions and the collapse of the Russian ruble after the invasion of Ukraine has some Russian banks turning to the crypto market for a boost. Like the biggest one. That is Sberbank, Russia’s largest lender, which just received a license from the central bank to issue digital assets to clients on Thursday. Sberbank said