Ethereum foundation and Russian Vnesheconombank (VEB) have signed a partnership agreement. The ceremony took place at the "Blockchain: The New Black Gold of Russia" conference. The document was signed by Ethereum foundation founder, chief architect of Ethereum platform Vitalik Buterin and Vnesheconombank Chairman Sergey Gorkov.
As reported, the agreement focuses on a long-term and effective partnership in the implementation of the projects using distributed registry technology and the Ethereum platform, the formation of an expert community on the Ethereum platform, and the joint development and the implementation of the educational programs for training specialists in distributed registries and the Ethereum platform based on Vnesheconombank's Blockchain Competence Centre.
The Centre aims at accumulation of the competencies and knowledge about innovative technologies, development of the platforms for government organizations, training and popularization. Thus, Russia is becoming an important player in the development of blockchain industry in the world.
We unite the efforts of all the interested parties and create the first Competence Centre in Russia for state companies and authorities, forming an ecosystem of the innovations. Both Russian developers and world leaders will contribute to the project. We are pleased to add Ethereum foundation's experience and expertise to VEB's knowledge.
The partnership hopes to help foster a community of Ethereum experts within Russia and to assist the formation projects based on Ethereum and other blockchain.
Cooperation between Ethereum and VEB gives a unique opportunity to engage in research and development on the use of blockchain technology for public administration and accelerate the adaptation of this technology to government organizations in the Russian Federation.
Thus, the partnership seems to be a part of a series of steps that Russia are taking towards blockchain implementation nationwide.