Revolutionizing Finance: Insights from the Blockchain & Bitcoin Conference in Moscow

Estimated read time 3 min read

Moscow is about to see a significant gathering on November 10, as tech and finance giants converge for the Blockchain & Bitcoin Conference Russia. Representatives from major players like IBM, Microsoft, QIWI, and Sberbank will engage in discussions that promise to illuminate the challenges and innovations in digitizing the FinTech sector.

Understanding Blockchain’s Role in Finance

The topic of Blockchain is hot—like your morning coffee when you forgot about it on the stove! This conference aims to unpack how Blockchain can revolutionize banking, logistics, real estate, and media. Expect discussions on both public and private Blockchain implementations. It’s not just a buzzword; it’s a necessary evolution in handling digital transactions effectively.

The Legal Landscape of Cryptocurrency in Russia

As of 2016, Bitcoin and Blockchain lack a solid legal definition, which is both concerning and liberating. The State Duma has yet to review any proposed legislation to clarify their status, but there’s a sign that authorities might not lay down any legal hammers on Bitcoin transactions just yet.

Elina Sidorenko, head of the Interdepartmental Group, is set to speak on the topic. She emphasizes,

“Our task is to legalize digital currency.”

Keep your ears to the ground as she outlines potential scenarios for regulatory frameworks.

Sberbank’s Ambitious Blockchain Platform

Sberbank is gearing up to launch a Blockchain-based platform for trade financing, aiming to automate their workflow and enhance remote customer service. Ekaterina Frolovicheva, Managing Director for Technology Innovation Center, is set to drop some knowledge bombs about the cool technologies coming out of their labs. And let’s face it, anything that promises to make banking less like a trip to the DMV is worth talking about!

Developers Sharing Insights

The spotlight won’t just be on large corporations. Developers from innovative social platforms like The Voice will showcase how a Blockchain network can empower content creators by providing micropayments directly from users. Valery Litvin and Dmitry Starodubcev will illustrate the advantages that come with Blockchain networks, emphasizing the potential for fair compensation for creators.

What’s Up in the Demo Zone?

The event will feature a demo zone where enthusiastic developers can strut their stuff. Expect to see a range of B2B products aimed at enhancing blockchain utility, targeting miners and cryptocurrency users alike. If you’ve got a gadget or software that can shake things up in the world of digital finance, this is your stage!

The Blockchain & Bitcoin Conference Russia takes place in the heart of Moscow at Digital October, located at 6 Bersenevskaya promenade, bldg. 3. So, mark your calendars and prepare your questions—this is a golden opportunity to dive deep into the future of finance!

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