Translation. Region: Russian Federal
Source: Central Bank of Russia –
Citizens and companies participating in the pilot from more than 150 localities in Russia opened about 2.5 thousand wallets on the digital ruble platform and carried out about 100 thousand transactions. The regulator publishes the interim results of the pilot and plans for the development of the new form of national currency inreport “Digital Ruble: Current Status of the Project”.
In addition to testing simple operations, the pilot participants focused on the convenience of the customer journey, as well as security issues, including protection from cyberattacks and ensuring data privacy. Preliminary results showed the platform’s functionality and sustainability.
The document notes that the Bank of Russia is currently conducting additional discussions of the economic model of the digital ruble with banks participating in the project, as well as government agencies. In particular, the most popular scenarios for the implementation of smart contracts are being developed, which will make it possible to use the innovative potential of the new form of the ruble to improve the economic efficiency of processes, including budgetary ones.
In the future, it is planned to expand the platform’s functionality: launch payments in online commerce, connect individual entrepreneurs to the platform, make payments according to registers for mass and regular transactions, and so on.
Preview photo: Liudmila Puchinskaia / Shutterstock / Fotodom
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