Sberbank wants to introduce a decentralized financial platform based on Ethereum - Defi

Sberbank wants to introduce a decentralized financial platform based on Ethereum - Defi
A recently published report describes that Russia's largest financial institution, the Sberbank, plans to start a decentralized financial platform (Defi) in May. Konstantin Klimenko, product director of the Sberbank blockchain laboratory, said that open tests will start in March.
Defi platform of the Sberbank to enable large-scale commercial operations
according to A test report As published by the news agency, the state financial service company Sberbank, based in Moscow, is planning to apply for decentralized finance (defi). According to Konstantin Klimenko, product director of the Sberbank blockchain laboratory, the platform is currently being subjected to a closed beta test.
"We have set ourselves a big goal-to make the Russian defi ecosystem number one," said Klimenko. "Our network is currently working in a closed beta test format ... but from March 1st we will go to the next phase and it will no longer be a beta test, but an open test," added the head of the Sberbank blockchain laboratory.
The platform based on Ethereum will work with the web3 wallet metamask . The Sberbank team intends to make it open to the public by the end of April and hopes that it will enable large-scale commercial defect operations. In June 2022 the Russian banking and financial services giant The first transfer of digital assets on your platform, The War approved from the bank of Russia. In September Sberbank that its platform also enables the shape of non-fungible token (nft) is.
In addition to the Bank of Russia, the Sberbank of Russia is the largest financial institution with an managed assets (AUM) of $ 559 billion (as of 2021). The bank is also a leader in the map payment industry in the Russian Federation and dominates more than 61 % of the market. In January 2022 the Russian bank company started the first stock market-trading blockchain fund (ETF). Sberbank, his Managing members and their subsidiaries have been fans of blockchain technology since 2015.What do you think about the goal of the Sberbank to make the Russian defi ecosystem number one? Leave your thoughts in the comments below.
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