Sergey Solonin believes in the integrity of people, in Pavel Durov, blockchain and cryptocurrencies. At one time, Solonin saw the potential of digital technologies and was able to earn material and political capital from it. Therefore, he got the opportunity to represent business at a government meeting where the future of the national cryptocurrency was discussed.
The businessman is confident that the national cryptocurrency is the future if it can become an alternative to cash, but for now he personally is in no hurry to part with payment terminals.
If “excessive security checks and identification bells and whistles” complicate the use of the crypto ruble, it will not be able to replace cash, Sergei Solonin is sure. He believes that the cryptoruble should be as close as possible to the properties of cash and compares cryptomoney with a deposit box in a bank where valuables are stored, but the bank does not have access to them. In this case, central banks should act as guarantors. The fear of anonymity of digital currencies is completely unfounded. Today, traces of the movement of funds remain in the Internet environment. Using these electronic traces on the network, you can track all transactions and build new financial monitoring systems.
Cryptoruble is not just a means of payment, but a platform with many functions. It will help transfer values without risk. If the blockchain technology is improved, perhaps in the future it will be possible to abandon the SWIFT system, the businessman believes.
Note that Sergei Solonin’s intuition has never failed. The well-known Qiwi group, strongly associated today with orange and blue payment terminals, began in 2004 with the “Unified Instant Payment System”. It was then that Solonin became its investor. About 10 years later, Solonin became the controlling shareholder of the company.
Following the global trend, several years ago he turned to distributed ledger technology. Several Qiwi banks have teamed up to develop their blockchain platform “Masterchain”. This is how the Fintech association appeared. Now the association is working on projects that should change the financial market: this is a masterchain, a system of fast payments for transferring money between individuals by phone number, etc.
Solonin’s personal investments are associated with various projects BitFury (mining), Instamart (online store), Aviasales, YouDo (search for freelancers), TimePad (web service for organizers of mass events).
According to https://www.vedomosti.ru
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