ARPA Russian Reps Joined the Commission on Blockchain Technologies and Crypto Economy of Russia

We are very honored to announce that ARPA Russian representatives, Nik Anikin and Yan Khavanskiy were selected as members of The Commission on Blockchain Technologies and Crypto Economy of Russia.

In order to give expert opinion and international experience to the creation of a regulated approach to the digital economy, the Russian-wide public organization Investment Russia established the Commission on Blockchain Technologies and Crypto Economy.

The Commission includes representatives of state organizations, international cryptocurrency exchanges (e.g. Binance and OKEX), the international blockchain consultancy company Colibri Group, the international blockchain rating agency and disclosure platform Xangle, international blockchain projects (ARPA, Bella Protocol), IT projects (Coindar, Quube, SalAd lab), and also legal industry professionals (Digital Rights Center and Roskomsvoboda). Nikolai Gadzhiev, VEROS FP fundraising platform and WIDCI charity initiative founder, is the Commission Chairman. Gleb Kostarev of the global leading exchange platform Binance is the Co-chairman.

During the cooperation with state organizations, the international professional experience of the Commission members will help promote the most effective implementation of blockchain technology in Russia.

Commission Goals:

Cooperation
Active cooperation with national regulatory and industry-specific organizations on establishment of a uniform approach to the creation and perfection of the digital economy.

Proposal development
Development of proposals and creation of initiatives aimed at establishment and perfection of the crypto economy and blockchain technology regulatory framework for national regulatory organizations.

Assessment
Attraction of representatives of the leading digital projects from the blockchain technology realm to work in the Committee and interact with cryptocurrency assets, establishment of expert assessment and improvement of the regulatory framework in Russia.

Communication
Establishment of communication and interaction within the community that forms the blockchain technology and crypto economy sector.

Status assessment
Assessment of the current regulatory framework and efficiency of the national measures aimed at regulation of the use of blockchain technologies and development of crypto economy in Russia.

Experience application
Studying of the international practices of regulating the use of blockchain technologies, development of crypto economy, and the legal standing of cryptocurrency assets.

The Commission’s formation, establishment, and working model are a crucial step towards creation of balanced regulations and a sustainable Digital Economy.

Commission members have been actively developing a bill for further consideration by the State Duma of the Russian Federation. The bill aims to amend the Federal Law №259-FZ On Digital Financial Assets, Digital Currency and on Amendments to Certain Legislative Acts of the Russian Federation so as to establish a more loyal legal environment for natural persons and businesses in Russia.

Yan Khavanskiy, Nik Anikin, as ARPA Russian reps and the founders of Colibri Group, will bring their international experience, consulting practices, and analytical data to help the Commission to a better growth. They will also broaden the interaction and communication by provision of the research and applied experience of ARPA, Colibri Group, Xangle, and partner companies.

Nik Anikin is Director for Russia and the CIS for ARPA and Colibri Group CEO. He helps ARPA and the technologies behind (including Multi-party Computations) scale in the Russian-speaking countries. ARPA has been implementing multi-party computation (MPC) technology with industry giants. Recently, ARPA together with the National Radio and Television Administration of China (one of the biggest national mass media administrations globally) has become a co-author of the White Paper on Blockchain Application in Radio, Television, and Internet in China.

Read more on the commission’s website:

About ARPA

ARPA is a blockchain-based solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership, and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies, while keeping each party’s data input private and secure. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using information-theoretic Message Authentication Code (MAC).

Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include: credit anti-fraud, secure data wallet, precision marketing, joint AI model training, key management systems, etc. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.

Team members have worked at leading institutions such as Google, Amazon, Huawei, Fosun, Tsinghua University, Fidelity Investments. ARPA is currently assisting the China Academy of Information and Communications Technology in setting the national standard for secure multi-party computation. ARPA is a corporate member of MPC Alliance and IEEE and is in partnership with fortune 500 companies to implement proof-of-concepts and MPC products. In 2019, ARPA was named as the Top 10 most innovative blockchain companies in China by China Enterprise News and China Software Industry Association.

For more information about ARPA, or to join our team, please contact us at about@arpachain.io.

Learn about ARPA’s recent official news:

Telegram (English): https://t.me/arpa_community

Telegram (Việt Nam): https://t.me/ARPAVietnam

Telegram (Russian): https://t.me/arpa_community_ru

Telegram (Indonesian): https://t.me/Arpa_Indonesia

Telegram (Thai): https://t.me/Arpa_Thai

Telegram (Turkish): https://t.me/Arpa_Turkey

Telegram(Sri Lanka):https://t.me/arpa_srilanka

Telegram(Africa):https://t.me/arpaafrica

Korean Chats: https://open.kakao.com/o/giExbhmb (Kakao) & https://t.me/arpakoreanofficial (Telegram, new)

Medium: https://medium.com/@arpa

Twitter: @arpaofficial

Reddit: https://www.reddit.com/r/arpachain/

Facebook: https://www.facebook.com/ARPA-317434982266680/54

ARPA is a privacy-preserving blockchain infrastructure enabled by MPC. Learn more at arpachain.io