Russian Watches Manufacturer and National Post Service to Use Blockchain Technology

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Russian Watches Manufacturer and National Post Service to Use Blockchain Technology
This week, Russian Post has announced it intends to use blockchain technology for shipment tracking.

Speaking at the conference organized by the Foundation for Internet Initiatives Development, deputy CEO of Russian Post Rodion Shishkov said the company was actively seeking to use new technologies to meet contemporary market demands. Even though the quality of the company’s services has somewhat grown in recent years, the clients still have little trust in the postal service provider. Using blockchain in shipment tracking would become the first step in the company’s campaign to win back customer trust and integrate distributed technologies in its operations. According to Shishkov, this might make Russian Post’s activities more transparent, and delivery terms more predictable.

Also interested in implementing distributed ledgers is Raketa, Russian watch manufacturer. It intends to record certificates of authenticity onto Emercoin‘s blockchain in order to minimize counterfeiting risks.

Apart from data on manufacturing date and other product info, Raketa concedes adding information on the owner of the watch to the same ledger. However, it would happen only if the owner doesn’t mind. For that purpose, Raketa intends to use Emercoin’s blockchain-based system Blockchain Engine.

Blockchain Engine’s team commented to ForkLog:

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