Five Russian banks expressed interest in testing the digital ruble

Interest in testing a digital ruble />

Several Russian banks, including Moscow Credit Bank and Promsvyazbank, expressed a desire to participate in testing a digital ruble, which can begin in the first half 2021 of the year.

As reported
"News", Five Russian banks expressed their readiness to participate in the pilot project to test the digital ruble. Among them "Moscow Credit Bank" (ICD), "Promsvyazbank" (Pmb), Banks "Zenit" and "Dom.rf", as well as the "Russian National Commercial Bank" (Rnkb).

As stated in the Central Bank, After the completion of public consultations and in the case of a decision on the issue of a digital ruble, Testing will be started among a limited number of users in the first half 2021 of the year.

“Citizens and enterprises will be able to acquire digital rubles, exchanging them for cash or money, stored in their bank accounts. The possibility of receiving salaries is also considered, benefits or other payments in digital rubles ", – According to the Bank of Russia.

According to publication, ICD expressed a desire to be one of the first participants in the testing of a digital ruble. In addition, Participation in the pilot project wants to accept the PKB and RNKB, as well as banks "Dom.rf" and "Zenit". As noted by Zenit Bank, Vasily Potemkin., The digital ruble platform may be similar to the fast payments system. This will simplify participation in testing, and then the introduction of a digital ruble among all financial organizations.

The assumption regarding the technical base of the digital ruble was also expressed in the OTP bank. The organization suggests, that a traditional card with a chip will be selected as a form factor. This will allow the use of existing acquiring devices, on which it will only be necessary to update the software. As noted in the SKB, bank, most likely, will have to "create electronic wallets of a completely new format, which can conduct calculations without the Internet ".

Deputy Head of the National Council of the Financial Market Alexander Naumov also commented on the initiative to issue a digital ruble. He noted:

“The digital currency of the Central Bank will be in demand, since it simplifies transactions on the Internet. but, If an anonymity element is absent, which is inherent in cash or bills, The attitude of the population, most likely, will be wary ".

Earlier this week, the Bank of Russia published
Advisory report on the possibilities and prospects of issuing a digital ruble for a wide public discussion.