The Ethereum Blockchain was Adopted by the Moscow Government

Exciting ethereum news! Recently, the Moscow government is planning to use Ethereum as part of the distribution of trading point systems in the weekend farmers market. Although the farmer’s market is big, the stalls are always limited, and the contenders of the booths are always more than the stalls. And the contenders are from Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. Farmers must submit an application to the government for the booth, and the booth can be obtained after the approval.

 

However, farmers are dissatisfied with the current application review system. Because they simply don’t know how they work, they can’t understand why they were rejected or approved.

 

To solve this problem, the Moscow government has set its sights on the Ethereum blockchain technology. Andrey Borodyonkov, product manager for blockchain products at Moscow City Hall, said, “There are about 20,000 applicants submitted quotations every year. Their idea is to use Ethereum as an immutable application record and update approvals.”

 

Here is the detailed explanation of Moscow government in a statement:

With the Ethereum blockchain, the entire data set is publicly viewable, transparent, and available for download. In this case, the submission time can be confirmed, and the application cannot be deleted or changed once it is submitted.

 

Andrey Belozerov, strategic and innovation consultant for the CIO of the Moscow City Hall, said the new system would help transparent disclosure of information and hope to alleviate some of the concerns of farmers.

 

I think this is a good news for the Moscow government, farmers who apply for booths or Ethereum. For the Moscow government, their work has been optimized. For the farmers, they can clearly understand the entire application process, and for Ethereum, the “great hero” who solve this problem, it’s also a good opportunity eth coin to reverse.

 

At present, Ethereum prices have started to rise slowly and steadily above $274. And broke the resistance level of 285 US dollars and 290 US dollars. Prices are rising and even approaching the price resistance zone of $300. The highest price reached 298.31 US dollars, I hope this good news can bring a breakthrough in Ethereum. I just mean this is a good sign. It is not recommended that you buy Ethereum immediately, but Ethereum is still worth looking forward to….