Last week VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications.
The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly republic of Tatarstan.
See also: For future transactions, in blockchain we trust
The agreement includes a “long-term and effective partnership in the implementation of projects using a distributed registry technology and the Ethereum platform,” as well as the formation of an Ethereum expert community

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