Turkey and Russia used bitcoin on wheat sale
Finance
- 24 January, 2018
- 09:43
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 24 January. REPORT.AZ/ Transportation costs of 3,000 metric tons of wheat from Rostov-on-Don, Russia to Samsun, Turkey last month were paid in bitcoin.
Report informs referring to the Turkish media, Prime Shipping Foundation said.
The company made a pilot testing of blockchain payment system in transportation.
The consignment was part of pilot testing of Prime Shipping Foundation’s blockchain payment system for bulk commodities, said Chief Executive Officer Ivan Vikulov.
He did not rule out that in the future, the company would put its crypto-currency into circulation: "We are trying to develop a cross-border payment system that’s easier and faster than what’s available now", Vikulov said.
Latest News
16:35
CBA official urges financial institutions to regularly test cyber resilience
ICT
16:32
Photo
Azerbaijani prosecutor general meets with Côte d'Ivoire delegation in Baku
Foreign policy
16:31
Azerbaijani manat's nominal and real effective exchange rates grow
Finance
16:30
Nakhchivan's construction materials production rises by 16%
Industry
16:29
Photo
Azerbaijan's Chamber of Accounts and 4SIM sign cooperation protocol
Finance
16:26
EU needs to maintain refining capacity to supply military during crises, European Commissioner says
Other countries
16:23
Museums should enable different cultures to share experiences, ICOM vice president says
Foreign policy
16:19
Modern museums should build dialogue with visitors in understandable language, Carpet Museum director says
Art
16:17
AKTA chief highlights cybersecurity weaknesses in microfinance sector
Finance