Sberbank and Alfa-Bank held a first payment transaction using blockchain technology

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2017-11-29 11:00:05

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Sberbank and Alfa-Bank held a first payment transaction using blockchain technology Source:

Russian banks Sberbank and Alfa-Bank organized the first Russian Bank transfer through the blockchain. In a result the mobile operator "Megaphone" has transferred to its subsidiary company "Megalabs" 1 million rubles to the account in Sberbank. The largest state and private banks was verified by a procedure using four servers.

Representatives of the banks and the mobile operator explained that Russia's first operation was conducted in the blockchain private network, access to which can receive only certain participants. As the experts having experience with bloccano attracted a Bank, a service definition of a single order transaction and authentication center of the network is also placed in the IT infrastructure of Sberbank. After that, Sberbank and Alfa-Bank set the nodes of the network, the blockchain and launched a customer «personal account».

«Under a transaction in a closed network does not need confirmation of several nodes, only two of the parties. The fact that Sberbank has three nodes, and the "alpha" one, suggests that the Bank is preparing to scale the network and checks how it can work with a conditional multiple banks», — explains the adviser to the Chairman of Vnesheconombank Vladimir Demin.

Experts believe that such a transaction is not against the law. However, the blockchain in Russia is not regulated. In October, President Vladimir Putin has instructed the Central Bank and the government until 1 July 2018 to describe in legislation the concept of technologies of distributed registers, token and smart contract.

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