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Project

Depositary of Sberbank (DDS - the Decentralized depository system)

Customers: Depositary of Sberbank

Moscow; Financial services, investments and audit

Product: DDS - The decentralized depository system
На базе: Masterchain Russian national blockchain network

Project date: 2018/02  - 2018/07

2019: Input of the decentralized depository system in commercial operation

In December, 2019 the Depositary of Sberbank put the decentralized depository system which is implemented on the MasterChain platform into commercial operation. At the initial stage it is going to use this system for accounting of electronic mortgages. In process of improvement of technology it can be extended also to other types of securities, Yury Dubin, the director of depositary of Sberbank noted. Read more here.

2018: Project startup "Accounting of electronic mortgages"

On September 24, 2018 Association of Financial those (AFT) announced successfully started electronic mortgages Accounting project using the national blockchain- the platform MasterChain. Mortgage transactions with the electronic mortgage on the MasterChain already successfully carried out Raiffeisenbank and Sberbank. In more detail here.