ANSPF to Utilize Blockchain for Pension Fund

ANSPF to Utilize Blockchain for Pension Fund

The Pension Fund of the Russian Federation has received a letter from the Association of Non-State Pension Funds (ANSPF) to propose the blockchain for the system of personal pension savings. Blockchain will reduce the issue of losing the monetary resources stored at another fund as it will be recorded in the distributed ledger system and made transparent to all the participants.

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