A nuclear energy service provider owned by the Russian Government has made it known that the process of implementing some advanced digital technology, which includes a blockchain framework is ongoing.
The Rosatom Nuclear Energy Corporation
The nuclear energy corporation Rosatom announced that it is has commenced the process of developing “4.0 technologies”, for the advancement of the corporation.
Blockchain technology is expected to be one of the three main areas the development process will focus on. The other two are artificial intelligence (AI) and Internet of Things(IoT).
Based on a press release from the nuclear energy corporation Head of IT, Evgeniy Abakumov, the company is planning to recruit fresh talent both home and abroad in these three areas, in order to ensure that the best results are achieved upon completion of the project.
Russia Slowly Joining the Blockchain Train
Russian is one of the most recent nations adopting blockchain technology into some of their sectors. A notable example is that of the National Russian State Pension Fund which is looking to implement blockchain technology for some of its processes. Since this announcement by the pension fund, several other reputable government institutions have made their own announcements.
Just recently, the Russian Union of Industrialists and Entrepreneurs formed a partnership with Russia’s
Duma in order to create a new bill targeted at regulating cryptocurrencies which will, in turn, make the monitoring of the Blockchain industry within the country easy and a legal structure will also be put in place. With the bill passed into law, various crypto projects within the country will have solid rules governing their actions. However, the draft bill never made it into the book of law. Due to this, no legal framework governing the Blockchain sector is in place within Russia.
With this latest development in the Russian nuclear energy scene, hopefully, the draft will be revisited.