Coinspeaker
Russian-backed Sberbank Integrates with Ethereum and Its MetaMask Wallet
Sberbank (MCX: SBER) – one of the top financial institutions in Russia and Eastern Europe that is majorly state-sponsored – has announced that its blockchain network is now compatible with the Ethereum ecosystem. Notably, Sberbank announced that its blockchain network would integrate with MetaMask wallets to enable seamless interactions with the Web3 industry. Moreover, Sber’s blockchain platform allows participants to issue tokens and create smart contracts.
As such, Sber’s integration with MataMask and making its blockchain network compatible with Ethereum is strategic to its future growth prospects. Furthermore, traditional financial institutions have found a niche in blockchain technology by offering their services through decentralized applications.
“…. I am sure that, given the rapid development of Web3, platforms that support various blockchain protocols will become more and more in
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