In an announcement, MTS has disclosed that it had placed RUB 750 million 'commercial investment of approximately $ 12 million' on the proprietary blockchain platform provided by the country's National Settlement Depository, operated by Smart Contracts Technology. This investment and this Sberbank corporate banking branch
and its telecommunications company MTS have claimed to hold Russia's first commercial bargaining transaction using blockchain technology. This blockchain platform enabled the 'full security life cycle' of a ruble-named commercial binding on a blockchain Sberbank. Based on the Hyperleger Fabric, it is based on the production-ready blockchain software developed by the Open-Source Linux Foundation-led Hyperleger Consortium.
Source - https://www.ccn.com/%e2%80%8e%e2%82%bd750-million-russias-largest-bank-buys-commercial-bonds-on-a-blockchain/
