[ad_2][ad_1] According to reports, the Venezuelan government is converting pension payments into its national cryptocurrency, Petro. According to a Venezuelan news site, The Caracas Chroniclesretirees received two messages on December 7 informing them that their money would be in Petro's cryptography. The move was made without consent or notice. Initially, …
Read More »Russian state pension fund to use Blockchain for labor contracts
[ad_2][ad_1] The Russian state pension fund (PFR), the country's largest social service, recently suggested implementing blockchain technology in labor relations, according to Izvestiya, on Wednesday 29 August, citing the press center of the organization. introduce smart contracts to be used as employment contracts between employers and employees. Such agreements could …
Read More »Bank of Montreal, Teacher Pension Fund Agreement Canadian Dollar Debt Agreement via Blockchain
[ad_2][ad_1] The Teachers' Pension Plan of the Bank of Montreal and Ontario has tested an agreement on Canadian debt with dollars using blockchain, reports Bloomberg on August 15th. In the pilot transaction, the bank is said to have sold $ 250 million Canadian dollars (about $ 190 million) of one-year …
Read More »BMO, Pension Plan Pilot Blockchain for fixed income issuance
[ad_2][ad_1] Canadian financial company BMO Capital Markets is working with Ontario's retirement plan on a new blockchain pilot. The process sees the two companies register a fixed income issue on a blockchain platform in an attempt to assess the feasibility of using technology for this purpose. "The transaction included Bank …
Read More »Venezuela to Peg Pension, Wage Systems to Petro Criptovaluta
[ad_2][ad_1] Venezuela will begin to use its cryptocurrency "petro" as an official accounting unit, according to the president of the country. ABC International reported the development on Tuesday, citing a television announcement by President Nicolas Maduro, who first unveiled the December back. As part of the change, the state oil …
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