Sberbank Chairman: Blockchain Adoption Could Take 10 Years

Sberbank Chairman: Blockchain Adoption Could Take 10 Years

The head of Sberbank believes that the wider-scale implementation of blockchain in Russia could take as long as a decade. As quoted by state-owned news service TASS, Herman Gref, Sberbank’s chairman of the board, indicated that the institution could roll out products based on the tech as early as next year. But the wider adoption of blockchain could take much longer than that, according to the Sberbank chief. Gref was quoted as saying: "If we talk about Russia, we have the largest number of implemented projects concerning blockchain. Although, they are all in the experimental mode. We are experimenting […]