German Gref: cryptocurrency is a byproduct of the development of the blockchain

In passing from 3 to 5 July in the Kazakh capital Astana Finance Astana Finance forum Days, the head of Sberbank German Gref urged not to restrict the development of the technology of the blockchain.

«I have always advocated the development of new technologies, particularly the blockchain. Because cryptocurrency is a byproduct of the development of the technology of the blockchain, which I think is critically important,» he shared with journalists on the sidelines of the forum Astana Finance Days.

The forum was held in the International financial center «Astana» (IFCA), which according to the plan of the Republican leadership in the future is to become a regional financial hub and driver of development of Kazakhstan. In particular, the IFCA is engaged in the development of capital markets, Islamic Finance and new financial technologies.

Besides the fact that Gref’s support for the development of the blockchain, it also actively supports
forgiving prohibitions and restrictions in respect of cryptocurrencies, believes that the main driver for the development of the blockchain.

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