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Azouz Allilou on Muck Rack

Azouz Allilou

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Arlington, East Coast United States
As seen in: Asharq News, BeInCrypto
Producer/Correspondent at Asharq Bloomberg. EX international affairs correspondent at @2MInteractive . My views are my own - Email me: azouz.allilou@basharq.com
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Articles

Russia Develops Blockchain System to Replace Swift

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By Azouz Allilou Verified
| BeInCrypto Verified
Russia seems to be getting around the Swift ban using blockchain tech. Russia’s Rostec Group is a government organization that includes a number of technology companies. They have announced they have developed a blockchain platform to launch a digital system for international payments capable of replacing the global Swift system. Russian banks were excluded from the SWIFT system last February thanks to sanctions imposed by Western countries in response to the Russian-Ukrainian war.
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