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Learning & News => News related to Crypto => Topic started by: newshunter on April 04, 2020, 01:00:54 AM

Title: Blockchain Is Not a Panacea for Finance, Says Russian Bank Official
Post by: newshunter on April 04, 2020, 01:00:54 AM

Blockchain Is Not a Panacea for Finance, Says Russian Bank Official

The Central Bank of Russia's Deputy Governor Olga Skorobogatova said that blockchain proved to be far from the "universal solution" many claimed it would be

Source: Blockchain Is Not a Panacea for Finance, Says Russian Bank Official (https://cointelegraph.com/news/blockchain-is-not-a-panacea-for-finance-says-russian-bank-official)

Would appreciate your opinion about this

Title: Re: Blockchain Is Not a Panacea for Finance, Says Russian Bank Official
Post by: Fenix on April 04, 2020, 09:10:47 AM

In Russia, everything that has been connected with cryptocurrency has always been criticized. It seems that now they have already reached the blockchain technology itself. I have not yet heard that the top officials of any state spoke negatively about the blockchain. In Russia, they are going to ban the circulation of cryptocurrencies, and therefore at the same time they also denigrate the blockchain technology, which in all countries is recognized as revolutionary, promising for implementation in many areas of human life and timely.