Russian Region Yugra to Launch Blockchain-Enabled Tourism Platform

A region in Russia will launch a blockchain-enabled tourism platform in partnership with a local startup.

The Khanty-Mansi Autonomous Okrug – Yugra, a federal subject of Russia, will launch a blockchain-enabled tourism platform, major state-owned media outlet Tass reported on June 7.

Per the report, during the St. Petersburg International Economic Forum this week, the general director of the region’s development fund, Roman Genkel, signed an agreement with Alexander Borodich, the CEO of blockchain startup Universa, to launch the platform.

According to a blog post from Universa on June 7, the system will enable tracking public spending and investment to ensure transparency. The company claims:

“Tagging the money using distributed ledger technology will protect government grants and investments against misuse.”

The firm will also reportedly develop the platform to support multiple languages, with the overall goal of connecting all participants in the tourism ecosystem — suppliers of tourist products and services, transportation, accommodation and catering providers, investors and tourists themselves.

As Cointelegraph reported at the time, Russia’s Federal Agency for Tourism head, Oleg Safonov, claimed that blockchain technology has the capability to transform the country’s tourism industry in November 2017.

In March last year, news broke that Dubai is launching a virtual business-to-business tourism-specific marketplace using blockchain as part of its Dubai 10x initiative “to be 10 years ahead of other world cities.”

Also during the Economic Forum this week, the head of Russian state-owned oil company Rosneft stated that the company has not ruled out the possibility of paying for oil using cryptocurrencies in the future.

Original Article

COMMENTS

Name

Adoption,2,Altcoin,1,Analysis,498,Bitcoin,1,Bitcoin Scams,2,Blockchain,2,Central Bank,2,Cryptocurrencies,4,Cryptocurrency Exchange,2,Ethereum,3,Government,2,Hyperledger,2,IBM,1,Iran,1,Japan,2,JPMorgan,1,Law,1,Malware,2,Markets,2,News,3262,Payments,1,Press Releases,338,Privacy,1,Quorum,1,Ransomware,2,SBI,1,Scams,2,Software,2,Sponsored,137,USA,1,
ltr
item
CryptoNomus: Russian Region Yugra to Launch Blockchain-Enabled Tourism Platform
Russian Region Yugra to Launch Blockchain-Enabled Tourism Platform
https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8yNWVmMmYyZjRmY2M2MDhhZjkzZmE1MGM2MDkwNWQyOS5qcGc=.jpg
CryptoNomus
https://www.cryptonom.us/2019/06/russian-region-yugra-to-launch.html
https://www.cryptonom.us/
https://www.cryptonom.us/
https://www.cryptonom.us/2019/06/russian-region-yugra-to-launch.html
true
4884201149675661183
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy