Corporate blockchains have become popular in Russia

Analysts published the results after studying 157 companies. It turned out that in 2019 the number of blockchain projects increased by 45%. ⅓ of them relate to the energy, mining and manufacturing sector of the industry. Another ⅓ accounted for financial institutions.

Russian companies choose blockchain projects to optimize supply chains, workflow, tokenization of financial instruments. Blockchain is especially popular in systems with a large number of counterparties.

According to statistics, 5 of the 10 largest Russian companies working in the field of information security are actively implementing blockchain. This is a sustainable technology that is growing in popularity in the Russian market.

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