Pamfilova believes that blockchain technology in Russia needs re-branding

© RIA Novosti / Vladimir Astapkovich in photobacteria with farms for mining cryptocurrency. Archival photoPamfilova believes that blockchain technology in Russia needs re-branding© RIA Novosti / Vladimir Astapkovich the image Bank

The head of the Central election Commission of the Russian Federation Ella Pamfilova said that before to implement blockchain technology in different spheres of life in Russia, including in the electoral system, we need to rebrand this concept.

«To advance in Russia this technology in different spheres need some kind of rebranding, because the name even… Russian some substitute is needed. There is a certain mental dislike of the name. The block is immediately some kind of enclosed space,» — said Pamfilova during the scientific-practical conference «Elections. Today and tomorrow», dedicated to the 25th anniversary of the electoral system of Russia.

Earlier, the CEC invited the participants to invent a new name for ballot boxes and voting because, in her opinion, these concepts cause a negative Association.

The technology of the blockchain (the blockchain) to be able to organize a decentralized registry, or database, in which information is not stored on a single server and on multiple different computers. According to this technology, in particular, works database, which stores information about the operations of bitcoin. According to some experts, the technology allows to significantly optimize the costs of business and the state. In particular, it helps to make payments online, quickly confirm the relevance of the data on the client or the transaction, record the transaction and conduct their roster.

Pamfilova believes that blockchain technology in Russia needs re-branding© Integratiebeleid and bitcoin