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Russia’s Alfa-Financial institution gives blockchain platform for freelancers

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Russia’s Alfa-Financial institution gives blockchain platform for freelancers

Alfa-Financial institution, one of many largest non-public industrial banks in Russia, is exploring blockchain expertise in its companies for freelancers.

Based on a Dec. 1 announcement, Alfa-Financial institution will use blockchain-based functions to automate companies for freelancers and self-employed staff. Primarily based on Waves Enterprise’s blockchain platform, Alfa-Financial institution’s new service covers the whole strategy of registration and remuneration for self-employed people, together with funds settlement, earnings registration and tax funds.