Ukraine’s Central Bank on a Quest to Hire a Blockchain Developer

Ukraine's Central Bank (NBU) is looking to employ a blockchain (BC) developer. The Bank's IT director, Vladimir Nagornyuk, has recently published an advert announcing the opening. The LinkedIn posting described the roles, responsibilities, and benefits that come with the office. Forklog quotes Nagornyuk's post stating NBU will offer the candidate "opportunities for professional development. The BC will be in a stable and transparent organization. Again, it'll give them "market level remuneration" with performance-based bonuses. Other perks include a corporate pension…

Russian Retail Bank, Sber Set To Launch Stablecoin

According to reports, Russia’s largest retail bank, Sber, could be set to launch its stablecoin. The bank has applied for a license with the Russian central bank to issue a stablecoin for corporate clients. Tokenized Ruble Sber revealed that the stablecoin would only be made available for companies that have accounts with the bank. It further highlighted that it would be issued in the form of tokenized rubles based on the amount held in the client’s accounts. Sber also revealed…

What is Quorum and Why Quorum Blockchain is Ideal for Enterprises

The use of blockchain technology in the financial sector remains the most prominent, and with great results. While blockchain has increased in prominence, it is yet to gain the confidence that conventional finance already has. Financial institutions have been slow to adopt the use of blockchain technology into their functions. This is why Quorum was developed, to aid them in their transition into blockchain.  JPMorgan developed quorum in partnership with Microsoft. The role of Microsoft in this project is to…

Beginner’s Guide to Private Blockchain Platforms and Projects

s Private Blockchain an Oxymoron? We usually get puzzled and confused-looks from newcomers to the cryptosphere when we talk about a centralized party looking into "Blockchain Technology." Or when a consortium of banks tries to find the best solutions using blockchain to stay in the game. Assuming most newcomers count bitcoin as their gateway to cryptocurrencies, they are exposed to a lot of fancies and disruptive words like "decentralized," "open-source," "trustless," etc. The people who stay are swayed away by…