The Central Bank called the blockchain technology is not Mature enough

Date:

2018-05-27 19:30:06

Views:

3645

Rating:

1Like 0Dislike

Share:

The Central Bank called the blockchain technology is not Mature enough Source:

Yesterday, Deputy Prime Minister Maxim Akimov, the ubiquity of blockchain technology too. In his opinion, for the health of the distributed registry requires more computing power, which are sometimes used wrongly. Now with criticism of the blockchain made by the Central Bank is the representative of the regulator said that the technology needs to be improved. He writes about this .

the

What will happen to the blockchain in Russia — the opinion of the Central Bank

the Chairman of the Central Bank Olga Skorobogatova at the St. Petersburg international economic forum stated that the blockchain technology is not yet Mature. For this reason it is not used on an industrial scale anywhere, except cryptocurrency.

the world still has no industrial great solutions on distributed registries, in addition to Bitcoin and part of cryptocurrency. Mostly this is not due to the fact that the technology is not Mature enough and she's Mature enough — still needs a lot of improvements both from the point of view of safety and from the point of view of scalability.

Distributed registry is divided into two types, said Skorobogatov. The first one is used for online payments — for example, it can be attributed to the Ripple platform and Corda. The second is designed to work with ofline and contracts are working in this direction Ethereum, and Hyperledger. The majority of businessmen still do not understand how technology works, said the Chairman of the Central Bank.

Technology for the sake of technology — it is senseless. That is, if, for example, for electronic mortgages, electronic letters of credit us the business case is clear, the translation of Rasulov, as I said, with online processing, for example, the same Ripple and Corda, we are not yet clear. Therefore, in this context, I think 2018 at all, not only in Russia, all the countries will be held under the theme of practical understanding, where we can, in any projects, and then on an industrial scale, this technology to use.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

CRYPTOMACH / Sale for the crypts, the top promising cryptocurrency, dirty games Bitmain and mining ETH

CRYPTOMACH / Sale for the crypts, the top promising cryptocurrency, dirty games Bitmain and mining ETH

This release closes Cryptogamia spring. Next, we have a hot summer, a new ASIC miners and forks. Meanwhile, let's summarize the last week. She remembered mining in the office of Ukrainian police, a puzzle with a prize of one bitco...

Analyst Spencer Bogart: traders should only buy Bitcoin

Analyst Spencer Bogart: traders should only buy Bitcoin

At the end of the week the investor that Bitcoin to the end of the year will reach 25 thousand dollars, and for this purpose it is absolutely optional to grow every day. The first believes cryptocurrency and Bitcoin analyst on wal...

Was not expected in Kiev, may be a monument Satoshi Nakamoto

Was not expected in Kiev, may be a monument Satoshi Nakamoto

the Initiative to open the monument to the unknown Creator of the cryptocurrency is gaining momentum. Statue of Satoshi Nakamoto will stand on the spot where formerly stood the bust of Lenin. The project development facility is pa...

In South Africa revealed a pyramid scheme on 28 thousand investors and $ 80 million

In South Africa revealed a pyramid scheme on 28 thousand investors and $ 80 million

In early April, the Central Bank of the Republic of South Africa to create a self-regulating organization in the market of cryptocurrencies. Manual regulator believes that the state should not establish rules of the trade digital ...

Exhaled:

Exhaled: "rosseti" not planning to raise tariffs for miners

earlier In the week the state Duma the first reading of the draft law on the regulation of cryptocurrencies in Russia. The document recognizes coins legal tender and does not involve the issuance of private keys for user wallets. ...

The investors are. In the Leningrad region will build a mining farm at the nuclear plant

The investors are. In the Leningrad region will build a mining farm at the nuclear plant

In April, police mining farm, working on the territory of an abandoned factory in Orenburg. Her owners did not pay for the electricity that consumed six thousand ASIC miners. Now the government has decided to open a legal enterpri...

Deputy Prime Minister Maxim Akimov: the ubiquity of the blockchain too

Deputy Prime Minister Maxim Akimov: the ubiquity of the blockchain too

on Friday, Deputy Prime Minister Maxim Akimov , the government of Russia does not intend to ban cryptocurrencies, however, are preoccupied with the safety of users. Now the politician added that the ubiquity of needless blockchain...

The future is now: the manor of the 17th century sell via the blockchain

The future is now: the manor of the 17th century sell via the blockchain

the real estate company Beverly hills Hilton & Hyland entered into a partnership with startup Propy. Realtors auctioned the estate of Palazzo Albertoni Spinola, built between 1580 and 1616 years, reports . Information about th...

The UK company took control of the trademark BITCOIN

The UK company took control of the trademark BITCOIN

In the cryptocurrency section on Reddit there was a post from a businessman from Etsy, who received a letter demanding another company to delete the word "Bitcoin" of its products. An edited version of the letter the businessman s...

House.Russian Vostok and launch blockchain-based platform for the real estate market

House.Russian Vostok and launch blockchain-based platform for the real estate market

Yesterday Russia's largest Bank Sberbank on the intention to hold the Moscow ICO educational lecture Level One. The initial placement of tokens will take place before the end of the summer, explained in a financial institution. No...

CB allows the use of crypto-currencies as means of payment in territory of the Russian Federation

CB allows the use of crypto-currencies as means of payment in territory of the Russian Federation

on Wednesday, the Deputy Minister of Finance the subject of cryptocurrencies. According to Alexei Moiseyev, further coins can allow the market as a currency for exchange into rubles. Now the situation expressed by the representati...

The founders CryptoKitties collected 15 thousand dollars for the children's hospital in Seattle

The founders CryptoKitties collected 15 thousand dollars for the children's hospital in Seattle

the Company AxiomZen in November 2017 game CryptoKitties — it users grow and sell cryptococal using the blockchain. The volume of transactions since the start of the game was 23.2 million dollars, and the most expensive character...

From 20 to 6 thousand dollars: the collapse of Bitcoin prices is associated with the manipulation in the market

From 20 to 6 thousand dollars: the collapse of Bitcoin prices is associated with the manipulation in the market

Bitcoin Price falls from 17 December 2017. In just almost half a year, the rate decreased with a maximum value of 19 900 dollars to an annual minimum 5 980 dollars. During the fall we saw two correctional wave growth, but they bot...

Dream job: porn pay with cryptocurrency

Dream job: porn pay with cryptocurrency

pornographic actress Stormy Daniels has become known for controversial statements and subsequent trials of intimate relationships with Donald trump in 2006. Thank benefited. Now it has entered into a partnership with Vice Industry...

Matt Hogan: the price of Bitcoin will increase to $ 40,000

Matt Hogan: the price of Bitcoin will increase to $ 40,000

the representative of the Fund Bitwise Asset Management believes in the growth of Bitcoin prices. According to the forecast, Hogan, the course of the main cryptocurrencies will grow by more than 500 percent in the next ten years. ...

A Russian businessman wants to set the miner-gym equipment in fitness clubs of Moscow

A Russian businessman wants to set the miner-gym equipment in fitness clubs of Moscow

Options to promote the upcoming ICO a lot. Usually by this attract stars who publish promotional recordings and shout about the benefits of the product left and right. Entrepreneur Yuri Musinski went the other way. He suggested th...

Antimonopoly service of the Russian Federation promises to deal with violations of the cryptocurrency

Antimonopoly service of the Russian Federation promises to deal with violations of the cryptocurrency

In late January, the Ministry of communications of the Russian miners. Then the representatives of the Department spoke about the establishment of a special system which would analyze the current consumption and Internet traffic. ...

A new law on cryptocurrencies. What came up in the Duma this time

A new law on cryptocurrencies. What came up in the Duma this time

Yesterday the deputies of the state Duma of the Russian Federation have paid much attention to cryptocurrencies and the blockchain. Financial regulation of Bitcoin and altcoins published in the bill «digital Of financial asse...

Blockchain technology has gone to fight bureaucracy

Blockchain technology has gone to fight bureaucracy

Technology of the blockchain is useful far beyond Finance and cryptocurrencies. Applications very much, and we don't cease to verify this. The blockchain could even defeat the bureaucracy. This was proved in Switzerland, where, od...

Solve the puzzle. Payment in bitcoins

Solve the puzzle. Payment in bitcoins

you Can mine Bitcoin, you can buy it, but you can still get coins as a gift. You need to look at the picture-puzzle in the beginning of the article. If you are unable to solve, do not worry. The community of Bitcoin holders have l...