Russian central bank: pilot of blockchain platform for digital rights has been successfully completed

The Russian central bank announced today that a pilot of a blockchain platform for digital rights distribution and transfer has been successfully completed. The project is part of the country's central bank's regulatory sandbox. The platform allows the digitization (tokenization) of goods, services, securities and other assets, one of which is the ability to issue hybrid tokens using various assets as collateral. Any organization can issue digital tokens through the platform, which will expand business opportunities to attract investment and create new investment tools. The blockchain platform was developed by Norilsk Nickel (referred to as Nornickel). Once the "digital financial assets" law comes into effect, the platform will begin operation. Earlier news, the central bank has approved Nornickel's blockchain platform.