Billionaire Vladimir Potanin believes that the state cryptocurrency and tokens will enable the Central Bank of Russia to promote new technologies without risk to the financial system.
The second largest businessman in Russia, the owner of Norilsk Nickel, said that he understands the position of the Bank of Russia, which sees a threat in the uncontrolled emission of cryptocurrencies.
The situation will be saved by regulated tokens, like a guaranteed contract for a product or service. As an example of the use of such tokens, the businessman cited the first Atomyze platform registered in Russia, which allows issuers to issue tokens linked to physical values, including such as precious metals and real estate:
“Unlike some cryptocurrencies, platforms like Atomyze offer quality and secure digital goods to consumers and can drive unreliable products out of the market.”
The owner of Norilsk Nickel believes that the development of digital assets, tokenization and the Central Bank’s program to create a digital ruble can make the debate about cryptocurrency irrelevant. Potanin is sure that regulators are afraid of cryptocurrencies and stablecoins, since their emission is uncontrollable. The digital ruble or token, the billionaire argues, is like a contract that gives customers the opportunity to receive a product or service in digital form using the blockchain:
“Metal coins were replaced by paper money, and then transactions became cashless. Digital financial assets are just the next stage.”
Potanin argues that modern token platforms can replace cryptocurrencies in any area. For example, the Atomyze platform will allow Norilsk Nickel to offer its employees and anyone else tokens for buying apartments under a special mortgage program created jointly with Rosbank of the Societe Generale group.
Source: Bits
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