Several major Russian companies will work together to implement a blockchain-based projects and innovative FINTECH solutions. To this end they established a joint venture.

The news Agency TASS announced that the new company “MT Technology” (MFT) was opened with the participation of MegaFon, Gazprombank, the state Corporation rostec and international investment companies of the USM Group founded by Alisher Usmanov.

The ITF is estimated at $450 million and obtained a controlling stake (59%), the domestic Internet giant In the press release of the company said that this step “will allow its partners to effectively implement complex innovation projects across industries, implement solutions based on the technology of the blockchain and the Internet of things”.

Rostec has said that he will try to use the partnership’s own experience in the development and implementation of innovative technologies.

It should be noted that the creation of digital Finance platforms, the partners are going to take advantage of the resources of Gazprombank. Recall that two months ago the Bank announced its plans to carry out an experimental cryptocurrency transaction through its subsidiary located in Switzerland.

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