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Sberbank of Russia will develop new technologies in the Internet of things

Neironix
May 22, 2018 12:00 AM
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Sberbank of Russia will develop new technologies in the Internet of things

By the end of the year, it intends to invest 90 million rubles in research. After another 4 years - at least twice as much. Sberbank intends to buy intellectual property licenses to bring the technology to the world level.

According to one of the Bank directors Teymur Shternlib Sberbank will work on the commercialization of the project, including the buyouts of start-UPS.

The Bank is interested in the development of" smart projects " related to the maintenance of health, improvement of cities, buildings and so on. Also, Sberbank is interested in the "Bank of things" system, which allows automatic payments in the absence of people.

A special place in the project is occupied by educational projects. It is expected that they will be provided in conjunction with foreign Universities for students of all levels. At the moment, the agreement has already been signed by two major Western Universities: the Massachusetts Institute of Technology and the Technical University of Munich, but among the "activists" of the consortium there are a number of Russian educational organizations, including the SKOLKOVO Institute of Science and Technology. It is still unclear how and when the new projects will be implemented in secondary schools.

Earlier, Sberbank has already stated that the blockchain technology does not harm the banks. The press service of the organization then said that it will benefit the entire industry with the adequate use of technology.  

It should be noted that, currently, the process of developing legislation on cryptocurrencies and blockchain is in full swing in Russia. Initiatives on this issue cause a very mixed reaction, including in RAKIB (the Russian Association of cryptocurrencies and blockchain). However, Russia is not the only country facing problems in the field of law enforcement of digital money. Previously, similar situations occurred in the US, China and other countries. The fast-growing industry in the European Union has fewer problems. In a number of EU countries, cryptocurrency can already be used to pay taxes. And in the partially recognized Romanov Empire, created on the money of the legendary Ural politician and businessman Anton Bakov, bitcoin is the national currency.