The largest Bank in Ukraine PrivatBank has exposed on sale of lease rights to 17 properties in the Dnieper river through the “electronic auction of seized property” (SETS) based on blockchain technology. It is reported by Gromadske.

The total cost of premises is more of 5.61 million. Rent period from one to three years.

According to the Director of SETAM Victor Vishneva, previously in cooperation with their platform PrivatBank sold 54 lots, mainly real estate in Kiev and the Dnieper, in the amount of 30 million UAH.

Recall, launched in September 2017 auction SET for December 2018 held the auction in the amount of 3.2 billion hryvnia.