For the first time Russia officially used the blockchain

© RIA Novosti / Evgeny to Betemporary in photosangelina cryptocurrency bitcoin conference Russian Blockchain Week 2017 in Moscow. Archival photoFor the first time Russia officially used the blockchain© RIA Novosti / Evgeny to Betemporary the image Bank

Sberbank and the Federal Antimonopoly service (FAS) of Russia started an exchange of documents using blockchain technology, the Bank said on Tuesday.

«The stage of pilot operation, launched the joint project of Sberbank and the Federal Antimonopoly service of the Russian Federation «the Digital interaction of the FAS of Russia with banks and business entities on the basis of blockchain technology» — said in the message.

Earlier in the pilot project, FAS with the savings Bank and «Aeroflot», «Russian coal», «Forteinvest» and others have also explored distributed storage of documents to improve the speed, reliability and quality of experience. According to the results of the pilot project was agreed upon requirements for system implementation and its further development.

Now launched the process by which information and documents exchanged between the FAS with Sberbank successfully transferred and stored encrypted using blockchain technology and certified in the Russian Federation of means of cryptography, notes the Bank.

The blockchain is a decentralized database, which storage device is not connected to a common server. Based on this technology, in particular, cryptocurrencies, including the most popular — bitcoin. The main advantage of the blockchain is safety, as no one else can forge or spoof recorded in the database information and the anonymity of cryptocurrency transactions.