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MIPT to launch public blockchain in cooperation with other universities

Moscow Institute of Physics and Technology announced plans to launch Russia’s first public blockchain. The new network will be able to be used for both commercial and non-commercial projects.

In addition to MIPT, other leading Russian universities are also participating in the project. Representatives of the Institute of Physics and Technology announced plans to launch a public blockchain at the Third Congress of Young Scientists.

“Blockchain development in Russia depends on two factors: the availability of publicly available networks and their decentralization, which minimizes risks for users