On September 27 this year, in the Plenary Sessions small hall
of the Federation Council, experts held a closed meeting of the
Federation Council Committee on economic policy with agenda on modern
trends in the digital transformation of financial systems, with emphasis
on digital money for Russia’s digital economy.
The meeting moderator Alexey Mayorov, First Deputy Chairman of the
Federation Council Committee on Economic Policy, drew the attention of
the audience to the need for effective implementation of the Digital
Economy program approved by the Russian Government’s order No. 1632-r of
July 28, 2017, and introduced key experts in this sphere; expert in
blockchain technologies Alexander Borodich, crypto-currency mining
expert Artur Kudelya, ICO expert Anatoly Radchenko, and blockchain
education specialist Nadezhda Surova.
Alexander Borodich, the founder of Universa blockchain,
spoke about the great prospects of using blockchain in a number of
business sectors. For example, blockchain allows to establish
interaction within logistic chains and to monitor the entire supply
chain in a convenient and transparent way. The technology guarantees the
invariability of the input data, therefore it is perfect for holding
various tenders, competitions and auctions, as well as for controlling
the expenses of the state budget.
“The main blockchain consumer is the state and financial sector,
since its participants need to monitor operations, protect and control
payments in real time. They also need a safe environment for contracts
negotiation. Mostly, we are talking about different registers, where
data on property rights, contracts, various transactions, both between
citizens and between organizations is stored. Blockchain can be useful
in the implementation of any type of voting and elections, in conducting
a population census, in managing a single database on electronic
passports, in ensuring reliable interdepartmental workflow,” he said.
Artur Kudelya, professor of economics and blockchain investor,
reported on global and Russian trends in mining, spoke about its
technology and software. He also demonstrated the future perspectives of
mining in cloud computing.
Anatoly Radchenko, the managing partner of the United Traders
Corporation, spoke on the strategic ways of cryptocurrency development
and profitable ICOs in Russia and around the world. He believes that the
best regulation mechanism is the one creating special conditions for
the crypto economy development. For example, the one creating a
crypto-valley and watching the industry develop, while cooperating with
and listening to the beneficiaries of the new economy.
Nadezha Surova, Dean of the Institute of Management, Plekhanov
Russian University of Economics and the head of educational programs on
blockchain projects, described major trends of the upcoming transition
to digital economy and underlined the necessity to train digital
specialists. Nadezhda also noticed that Plekhanov Russian University of
Economics is the first Russian university that offers educational
programs on blockchain. This university, together with the leading
Russian companies, have developed a comprehensive educational program on
digital money (cryptocurrency and blockchain technologies) with open
lectures, project sessions, master classes, training and retraining
programs for traders, investors, developers and entrepreneurs in the
fields of blockchain, IT, and digital. Some of these programs are
“Effective investments in cryptocurrency and blockchain technologies,”
“Technology entrepreneurship and blockchain projects,” and many others.
At the end of the meeting, Alexey Mayorov, First Deputy Chairman of
the Federation Council Committee on Economic Policy, underlined the
significance of expert research in the field of new crypto technologies,
in order to ensure transition to digital economy. Alexey also
emphasized the necessity to develop legal framework for blockchain
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