Sberbank, one of Russia’s largest banks, has announced that its proprietary blockchain platform will be compatible with Ethereum. The platform, called Sberbank Chain, was launched in 2018 as a means of streamlining financial operations and enabling the bank to offer a range of services based on blockchain technology.

In a statement, Sberbank’s CEO, Herman Gref, said that the decision to make Sberbank Chain compatible with Ethereum was driven by the increasing popularity of the Ethereum blockchain among businesses and developers. “We believe that the compatibility of Sberbank Chain with Ethereum will open up new opportunities for our customers and help drive the adoption of blockchain technology in the financial sector,” he said.

In other news, the Internet Computer’s mainnet has successfully integrated with Bitcoin. The Internet Computer is a decentralized platform that aims to enable the creation of fast and scalable applications on the internet. The integration with Bitcoin will allow developers to build applications that can take advantage of the security and decentralized nature of the Bitcoin network.

The announcement was made by Dfinity, the company behind the Internet Computer, which said that the integration will allow developers to build applications that can interact with the Bitcoin blockchain in a seamless and secure manner.

Finally, an exclusive automotive group has announced that it will begin accepting cryptocurrency as a payment method. The group, which comprises several high-end car dealerships, will accept a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

In a statement, the group’s CEO said that the decision to accept cryptocurrency was driven by the increasing demand from customers who wanted to use digital assets to purchase their vehicles. “We are always looking for ways to make the car buying experience more convenient and enjoyable for our customers, and accepting cryptocurrency is a natural step in that direction,” he said.

Overall, these developments show that blockchain technology and cryptocurrency are increasingly being embraced by businesses and organizations around the world. Whether it’s a major bank like Sberbank making its platform compatible with Ethereum, or a car dealership group accepting cryptocurrency as a payment method, it’s clear that these technologies are becoming more mainstream every day.

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Filed under: Bitcoin - @ December 19, 2022 3:49 am