Recently, a foreign news website reported that Sergey Putyatinskiy, a member of the board of directors of the Russian National Securities Registry (NSD), said at a group meeting of the Swift Sibos Conference: Blockchain can help stock exchanges leap to the most advanced system. NSD’s work with blockchain securities is one of the most advanced securities shown to the public to date.

Since exploring the blockchain a year ago, NSD has announced the results of early tests using the NXT blockchain distributed voting solution. Moreover, it was first disclosed at the conference that the Russian Telecom MegaFon company used an open source distributed platform to sell $10 million in bonds.

The latter project is expected to be completed before the end of this year. It is invested by the Central Bank of Russia as part of NSD’s construction to create more transparency to attract foreign investors.

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