Following the results of the experiment, the Ministry
Posted: Tue Jan 21, 2025 10:16 am
The Federal Portal of Draft Regulatory Legal Acts published a draft resolution of the Government of the Russian Federation "On Amendments to the Resolution of the Government of the Russian Federation of September 2, 2021", in which, from December 1, 2021 to December 31, 2023, the Ministry of Digital Development, Communications and Mass Media conducted an experiment to test the method of interaction between the depository storing the sweden whatsapp resource electronic mortgage and Rosreestr (and transactions with it), using the Masterchain information system based on distributed ledger technology.
of Digital Development noted the low demand for using the Masterchain information system for exchanging electronic mortgages in the interaction of financial market participants and Rosreestr.
"An experiment on the exchange of information between banks and Rosreestr using Masterchain technology allows, during online mortgage registration, to transfer an electronic mortgage to the depository using blockchain. The experiment showed that, provided that these solutions are scaled to all market participants, Masterchain technology can significantly increase the speed of information exchange and service provision. However, without changing the regulatory business processes of all financial market participants in terms of storing and recording electronic mortgages, it is possible to test only the transport function of the technology. This does not allow taking advantage of all the advantages of Masterchain," the press service of the Ministry of Digital Development reported.
"The provisions envisaged by the draft resolution will not affect the achievement of the goals of the Russian Federation's state programs," the Ministry of Digital Development assured and informed a ComNews journalist that it will be possible to continue to transfer an electronic mortgage to a depository during electronic registration of a mortgage, using an existing interaction channel - the unified System of Interdepartmental Electronic Interaction (SMEV).
Pavel Katkov, founder of the law firm Future Legal and member of the Committee of the Chamber of Commerce and Industry of the Russian Federation on entrepreneurship in the field of media communications, notes that the system is interesting, but not in demand by the market.
He noted that modern banks have long since switched to digital rails. "Many documents can be signed electronically, via SMS, identity can be confirmed via "Gosuslugi" or a video call. Of course, personal appearance is still necessary, and this is not bad from the point of view of combating credit fraud, but the level of digitalization in the banking sector is high," said Pavel Katkov.
of Digital Development noted the low demand for using the Masterchain information system for exchanging electronic mortgages in the interaction of financial market participants and Rosreestr.
"An experiment on the exchange of information between banks and Rosreestr using Masterchain technology allows, during online mortgage registration, to transfer an electronic mortgage to the depository using blockchain. The experiment showed that, provided that these solutions are scaled to all market participants, Masterchain technology can significantly increase the speed of information exchange and service provision. However, without changing the regulatory business processes of all financial market participants in terms of storing and recording electronic mortgages, it is possible to test only the transport function of the technology. This does not allow taking advantage of all the advantages of Masterchain," the press service of the Ministry of Digital Development reported.
"The provisions envisaged by the draft resolution will not affect the achievement of the goals of the Russian Federation's state programs," the Ministry of Digital Development assured and informed a ComNews journalist that it will be possible to continue to transfer an electronic mortgage to a depository during electronic registration of a mortgage, using an existing interaction channel - the unified System of Interdepartmental Electronic Interaction (SMEV).
Pavel Katkov, founder of the law firm Future Legal and member of the Committee of the Chamber of Commerce and Industry of the Russian Federation on entrepreneurship in the field of media communications, notes that the system is interesting, but not in demand by the market.
He noted that modern banks have long since switched to digital rails. "Many documents can be signed electronically, via SMS, identity can be confirmed via "Gosuslugi" or a video call. Of course, personal appearance is still necessary, and this is not bad from the point of view of combating credit fraud, but the level of digitalization in the banking sector is high," said Pavel Katkov.