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Posted on by BitcoinGuide.com

VTB and Gazprom Neft Launch Blockchain-Enabled Payments

VTB and Gazprom Neft Launch Blockchain-Enabled Payments

VTB Bank has implemented a new method of making online payments by connecting to the blockchain platform, Smart Fuel, provided by Gazpromneft-Aero (operator of Gazprom Neft’s aviation refuelling business). The technology has reduced the transaction time from 4-5 days to just a few minutes, while also significantly cutting down on airlines’ costs.








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