VTB tests transactions with electronic mortgages in the decentralized depository system on the platform the MasterChain
| Customers: VTB - Vneshtorgbank Product: DDS - The decentralized depository system На базе: Masterchain Russian national blockchain network Project date: 2018/03 - 2018/08
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On October 10, 2018 it became known that the VTB Bank tests transactions with electronic mortgages in the decentralized depository system (DDS) on the platform the MasterChain. The project can be brought into commercial operation already in the first quarter 2019.
The project "Accounting of Electronic Mortgages" using the national MasterChain blockchain platform was started in September, 2018.
 | "The technology of accounting allows to increase significantly the speed of transactions, to ensure reliability and safety of information in the course of electronic interaction. Shortly, using DDS, it will be possible to make transactions with electronic mortgages that will allow to simplify transactions on securitization[1]. Tatyana Zharkova, managing director of Association of Financial Those (AFT)
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