[vc_row][vc_column][vc_paragraph text=”Russian Ministry of Communication has added Waves Enterprise to the Unified Registry of the Russian software for computers and database.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Russia’s attitude towards blockchain has improved” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Documents published by the Ministry of Communications of Russian Federation on April,7, show that Waves Enterprise was added to the list and described as a “cloud service of distributed ledger and a tool for virtualization and data storage”.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This list is intended for ensuring the high standards of cyber-security for government bodies.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”It implies different IT products that may be useful for public authorities.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The Waves Enterprise head of marketing, Matvey Voytov, said that companies need to provide the appropriate documentation so that their products could be added to the register. The documents should prove that software does not contain any patented units belonging to foreign firms.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”What is more, they should not include commercial secrets and must be the products of Russian developers.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As Voytov said, Waves Enterprise was a blockchain platform of a corporate level with a high share on Russian corporate blockchain market.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Integration of the software to the official register has major consequences for the firm. “The official federal register of Russian software provides new opportunities for membership in projects for local authorities and public organizations. The solutions based on “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Waves Enterprise, will be given priority in governmental and local purchases. Thus, companies may expand its presence in public sector”, considers Voytov.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”The company is confident about governmental support” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1006″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”According to Voytov, Waves Enterprise has no doubt that it’s technologies will be used by government bodies since “Russia is actively implementing digitalization and new technologies including blockchain in its development strategy”. He explained that his blockchain company had a higher chance for being adopted by Russian government, “Expanded use of domestic and localized versions of software for state needs is one of the priorities on Russian market set by the Russian Government”.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Although First Vice-Governor of Central Bank of Russia has recently announced that blockchain is not “a universal solution” there is still much enthusiasm concerning its potential.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”At the end of March Russian Federal Ministry was planning to introduce legislation on crypto and blockchain in order to define their status in Russian law but this plan was disrupted because of the coronavirus pandemic. Still the quarantine and growing unemployment caused the 5% crypto exchanges traffic increase.”][/vc_column][/vc_row]
