The Khanty-Mansi okrug is working on a blockchain-based platform for tourism

The Khanty-Mansi okrug is working on a blockchain-based platform for tourism

A federal subject of Russia known as The Khanty-Mansi Autonomous Okrug is going to start a blockchain-enable platform designed especially for tourism industry.

The International Economic Forum was being held in St. Petersburg from 5 to 8 June, where Roman Genkel, general director of Khanty-Mansi development fund signed a contract with the CEO of Universa Alexander Borodich.

Universa is a blockchain startup which reported about this contract on June 7 in their blog post. According to that post the platform they will work on is going to allow tracking public investment and outlay to guarantee transparency.

Also, they’ll periodically improve the platform so it can operate on numerous languages, as their target is to connect all sections in the ecosystem of tourism, like product and service suppliers, providers of accommodation and catering and so on.

Even in November 2017, Oleg Safonov, the leader of Russia’s Federal Agency of Tourism, mentioned that blockchain technology may improve Russia’s tourism industry.

Also, there was another significant news from the Economic Forum. The chief of oil corporation Rosneft said that the organisation is going to enable a cryptocurrency payment method for their oil in the nearest future.