Gazprombank Digital and Waves to deal with ICO and blockchain in real sector of Russian economy

Gazprombank Digital and Waves to deal with ICO and blockchain in real sector of Russian economy

Gazprombank Digital and Waves blockchain company will jointly conduct ICO and develop blockchain-based solutions for the real economy in Russia, ForkLog reports.

Gazprombank Digital will promote the advantages of ICO and blockchain among mining and metallurgical companies, while Waves will be developing individual blockchain solutions for cryptocurrency crowdfunding.

“Startups rise a lot of money through ICO. But this method can work not only for high-tech companies. We are sure that ICO will bring a lot of benefits for representatives of the real sector of the Russian economy. And for investors, it means that there will be projects with strong financial stability”, says Gazprombank CEO Maxim Ermilov.

In addition, the bank plans to develop standards and tools that will improve the ICO quality and reduce risks for the investors.

“Our joint work contributes to the development of blockchain technologies in Russia. Moreover, we will be the first to start ICO regulation and the development of quality projects for local and international investors”, said Waves CEO Alexander Ivanov.

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