The interest by governments in using blockchain technology is very clear to see. Crucial to any government institution is privacy. Every country would like to transfer documents and other information without the fear of someone tapping into it. Blockchain technology provides this much needed anonymity, which is why so many countries are considering using it.
Unlike other countries, though Russia adopting blockchain has been a conscious effort over the past several months and probably years. So far, it has been at the forefront of adopting blockchain. Consider that in October, the country’s Minister of Communication, Nikolay Nikifirov, announced that CryptoRubles were available. The coins would be available in exchange for fiat rubles and would incur a 13% tax. This was perhaps the first cryptocurrency issued by a country’s central bank.

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