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Rostec Behemoth to Use Waves Protocol For Data Management

  • Yuri Molchan
    📰 News

    The Rostec conglomerate that owns a large number of shares in numerous companies and plants all over the country now is cooperating with the Waves team


Rostec Behemoth to Use Waves Protocol For Data Management
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The Rostec conglomerate that owns a large number of shares in numerous companies and plants all over the country now is cooperating with the Waves team. Rostec intends to create an open ledger system to help it operate the data of its immense holdings, among which are Avtovaz and world-famous machine gun producer Kalashnikov, also known as AK-47.

Rostec has made a contract with a Waves-founded platform Vostok. Both parties to the agreement will invest $2 mln to develop the project. By October they plan to create and publish their roadmap.


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