SAP is testing blockchain for the pension system of the Russian Federation

German developer of ERP and other it solutions for the corporate sector SAP is testing blockchain technology in conjunction with several private pension funds in Russia, said during a panel session of the Forum the General Director of the Russian division of the company Natalia Parmyonova.

«Now we are working on several pilot projects based on the technology of the blockchain with private pension funds. The participants of the pension Fund – that is, we, the ultimate investors unable to authenticate, and manage their deposits,» she said.

Early Chairman of the Bank Sergey Gorkov has informed on the intention of the Bank and of the Association of pension funds (ANPF) to test the technology of the blockchain in the new funded pension system, individual pension capital (PKI).

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