Infrastructure and data platform services of Russia’s Yandex Cloud helped miner Nornickel accelerate the development of products for mining and geological modelling, the companies announced. Nornickel previously used in-house servers for these purposes, and the switch to Yandex Cloud helped accelerate some processes by 18%, the company said. “In the global market, the digital development...
Russian mining company Norilsk Nickel, also known as Nornickel, has announced plans to create a new employee incentive scheme. The move follows a commitment by the company’s largest shareholder, Vladimir Potanin, to increase employee ownership. Potanin said in September 2022 that the company planned to increase the shareholding of employees and other individuals to 25%...
The market for a new type of tokenized assets – digital financial assets or DFAs – in Russia took a fresh breath in April, with seven DFA issues totaling about 1 billion rubles ($13 million) announced, Kommersant business daily reported. Russia’s top retail bank Alfa-Bank carried out the placement of telecom group Rostelecom notes worth...
Fasset and Minted to partner and provide increased access to tokenized precious metals across developing markets including Turkey, Indonesia and UAE Today Fasset, the global digital asset platform for emerging markets, announces its partnership with Minted, a leading provider of precious metals, to offer increased accessibility and liquidity to the global precious metals market through...
The central bank of Zimbabwe has announced a new digital asset that will be backed by gold. On April 23, the Reserve Bank of Zimbabwe (RBZ) said the gold-backed digital asset will be used as legal tender in the African nation. The move is part of an effort to stabilize the country’s economy and local...
