President Putin Envisions a Worldwide Payments System Based on Blockchain Technology
While speaking at a recent international machine learning and artificial intelligence conference, Vladmir Putin, the president of Russia, revealed that he envisioned a future in which there existed a worldwide payments system leveraging blockchain technology and other new technologies, such as artificial intelligence. In the eyes of the Russian president, such a global system would be free from control by the major powers or countries in the world. The issue of decentralized control aside, Putin also recognized that implementing a system of that nature would yield additional benefits such as improved efficiency and reduced costs. During his speech, Putin took…
