Capital of Russia analyzes launch of cryptotonon “Moscowcoin”

Although it is already working on the issuance of the national cryptocurrency of Russia, it is worth reporting that the city of Moscow has also started discussions around the launch of its own cryptocurrency Moscowcoin. This was revealed by the leader of the Department of Economic Policy and Development of Moscow, Vladimir Efimov, who confirmed that the leaders of the capital are already thinking seriously about the issue and that the currency would come once the legal framework of currencies for the entire federation. The news came to light thanks to RNS.

In particular, Efimov’s words were as follows:

“Before implementing such technology in the city, it is first necessary to understand all the ramifications at the federal level. And when there is a clear understanding of what can and can not be done, and the type of scenarios conducive to its use, then it will be possible to adapt. “

Likewise, the official commented that the city officials are investigating the implementation of the blockchain in services oriented to residents. Efimov added: “We are discussing the implementation of Blockchain technology in the metropolitan services of the city, as we have an extensive repertoire of portals and various forms of interaction with citizens.”

Nevertheless, the person responsible for economic policies in Moscow made an interesting point about the scope of Moscowcoin … the data was revealed to the middle Tass:

“Moscowcoin can be used by residents of the city on the ‘Active citizen’ portal.”

But what is ‘Active Citizen’? This is a proposal from the Moscow government launched in 2014, aiming, according to its website, to consolidate a place to hold open referendums in electronic format. Today the platform has 1,310,191 users, has registered more than 47 million visits and the amount of 1,667 votes. ‘Active Citizen’ is available for iOS, Windows and Android smartphones, with over 46,000 downloads in the Google Play store.

It should be noted that each week both the city mayor and the rest of the leaders seek to establish a dialogue with several Moscow users, thinking about discussing important issues of the city such as transport, health, and education. By getting involved in these conversations, people can earn points that are taxed by services within the capital, such as the payment of parking lots, excursion programs and tickets to theaters and museums.

It is necessary to emphasize that the Efimov ones are not the first declarations that take place on Moscowcoin, since Sergei Gorkov, representative of Vnesheconombank – one of the most recognized banks of the nation – spoke about it at the end of August. On the other hand, in the old conversations with the founder of the ecosystem Ethereum, Vitalik Buterin, the developer expressed to RNS that it was very feasible that Moscow emitted its own criptomoneda in the future … likewise, at the beginning of September, the deputy mayor of the city Natalia Sergunina also mentioned this possibility.

Eduardo Gómez

Eduardo Gómez

Eduardo Gómez is a Venezuelan freelance writer and Information's Technology Professional. He discovered Bitcoin in 2012 and has been drawn to it ever since. He also works as a Customer Support Agent at the San Francisco-based Bitcoin startup Purse.io