{"id":24227,"date":"2017-03-08T14:19:07","date_gmt":"2017-03-08T14:19:07","guid":{"rendered":"http:\/\/ci027cfe78800c2697"},"modified":"2017-03-08T14:19:07","modified_gmt":"2017-03-08T14:19:07","slug":"moscow-sees-bright-future-infrastructure-blockchain","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/moscow-sees-bright-future-infrastructure-blockchain","title":{"rendered":"Moscow Sees Bright Future for Infrastructure With Blockchain"},"content":{"rendered":"
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The Moscow City Government supports the optimization of the transport infrastructure with the use of blockchain technology through the \u201cshared registry\u201d system when it comes to controlling land-based transportation. <\/p>\n

Blockchain technology will help create more transparent, just and reliable models for travel fare payment and system financing. <\/p>\n

Sources in the room told Bitcoin Magazine<\/em> that in a meeting with principal blockchain experts, Maksim Liksutov, deputy mayor of Moscow and head of the Moscow City Transport Agency, stated that the city\u2019s primary task at the moment is to establish and support a safe and reliable data transmission system both within the department as well as with suppliers. He went on to suggest that a blockchain shared registry system would be an appropriate mechanism.<\/p>\n

Liksutov was also enthusiastic about the potential for blockchain technology to facilitate the application of biometric information techniques, especially in terms of security solutions. He noted that with its data verification abilities, blockchain technology\u2019s distributed nature could mean easier verification for travelers, while providing widespread confirmation of identities where necessary.<\/p>\n

\u201cUsing blockchain technology in transactions between users and machines (which requires a high level of trust and permissions) is a question of time. This technology could be used also as an unprecedented anti-terror system,\u201d the lead coordinator of Blockchain International<\/a>, Alexander Mikheev, told Bitcoin Magazine<\/em>. <\/p>\n

According to the Mayor of Moscow, Sergey Sobyanin, these steps will become a part of a wider initiative the government will take to ensure advancement of new technologies. \u201cSuch projects are only begging to be realized in various areas, and we, without a doubt, owe it to ourselves to keep, in that respect, leading the array of cities across the globe,\u201d Sobyanin said in a televised public address. <\/p>\n

Among the other industries that will benefit from the integration of blockchain technology are the property sector, banks, health services, electrical power systems, digital commerce and tourism. \u201cThe users will just have to input their personal data once (or the company data), after which the information will be verified in the blockchain network in all the governmental and private structures, including banks and insurance companies,\u201d Sobyanin said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Moscow City Government supports the optimization of the transport infrastructure with the use of blockchain technology through the \u201cshared registry\u201d system when it comes to controlling land-based transportation.  Blockchain technology will help create more transparent, just and reliable models for travel fare payment and system financing.  Sources in the room told Bitcoin Magazine that […]<\/p>\n","protected":false},"author":2705,"featured_media":24228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2041,404],"class_list":{"0":"post-24227","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-moscow","9":"tag-russia"},"author_data":{"id":2705,"name":"Peter Chawaga","nicename":"peter-chawaga","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/peterc-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/moscow-sees-bright-future-for-infrastructure-with-blockchain.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/24227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2705"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=24227"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/24227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/24228"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=24227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=24227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=24227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}