Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Pension Fund of Russia (PFR) will Use Blockchain Technology
8.09.2018 01:10
The Pension Fund of Russia (PFR) will Use Blockchain Technology

The Pension Fund of Russia (PFR) will monitor the employment contracts of Russians with the help of blockchain technology. The proposals on the merger of all information systems of the fund into a single digital platform will be prepared by the end of the year.

      When one gets a job, the contract will be prepared in an electronic form and confirmed with a digital signature. Thus, all contracts will be recorded, and the opportunity to make amendments will be excluded. “In the future the introduction of smart contracts into labor relations will allow to refuse from their compulsory conclusion on paper and still have information about them at any time; this will be similar to the current situation with real estate rights”, as the press service of the PFR claimed.

      Consult our attorneys on employment regulations in Russia.


Author: Anna Dorozhkina

Tags: Legal Services in Russia Russian laws Russian business   

Next Previous

You might also find interesting:

The Most Popular Offshore Choice of Russians is the British Virgin Islands
The Fitch Ratings Agency Confirmed Russias Investment Rating at BBB Level
Investment Attractiveness of Russian Regions
Large Foreign Companies Showed the Worst Results in Entering and Leaving the Russian Market in 2018
Russian Crowdfunding Market Grew by 34% during 2018

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Mercedes-Benz Fashion Week Russia  Veniamin Smekhov  Russian Premier League  Elmira Abdrazakova  invest  Russian Animation  Museums of Russia  Rurik Dynasty  Moscow  Icarus Animation Award  Russian tourism  Cannibal Corpse  Kuban Stadium   Russian regions  International space station  Krasnaya Sopka  St. Petersburg  Veniamin Reshetnikov  Kamchatka  National Russian Dishes  Fascism  Festivals in Moscow  Gazprom  Moscow hotels  Kolomenskoye  Russian Rock Music  travel to Russia  Theatre of Nations  Russian Cinema  IVKA  Russian North  UFO  Mikhail Chemiakin  Volgograd Region  Russian business  Sochi 2014  Solar Energy  Cyril and Methodius   Exhibitions in Moscow  Music Festivals  Fashion Illustration  Russian Stage Directors  Mark Krivosheyev  Russian singers  Yekaterina Koneva  Moscow events  Omsk  Installations  Charity  Far East 

Travel Blogs
Top Traveling Sites