{"id":519280,"date":"2022-12-01T17:16:00","date_gmt":"2022-12-01T14:16:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/russias-sber-bank-integrates-metamask-into-its-blockchain-platform\/"},"modified":"2022-12-01T17:16:00","modified_gmt":"2022-12-01T14:16:00","slug":"russias-sber-bank-integrates-metamask-into-its-blockchain-platform","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/russias-sber-bank-integrates-metamask-into-its-blockchain-platform\/","title":{"rendered":"# Russia&#8217;s Sber bank integrates Metamask into its blockchain platform"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3b09546b4da\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3b09546b4da\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/russias-sber-bank-integrates-metamask-into-its-blockchain-platform\/#%E2%80%9D_Russias_Sber_bank_integrates_Metamask_into_its_blockchain_platform_%E2%80%9C\" >&#8221; Russia&#8217;s Sber bank integrates Metamask into its blockchain platform &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Russias_Sber_bank_integrates_Metamask_into_its_blockchain_platform_%E2%80%9C\"><\/span>&#8221; Russia&#8217;s Sber bank integrates Metamask into its blockchain platform &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zNWZkMjUzMzBkZDAzN2NhOGRkOTNmMDVhMTMwOGFkOC5qcGc=.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-471f9776>Russia\u2019s largest bank Sber \u2014 formerly known as Sberbank \u2014 continues developing its blockchain platform by integrating it with the Ethereum blockchain.<\/p>\n<p>On Nov. 30, Sber officially\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/press.sber.ru\/publications\/sber-predstavil-novye-vozmozhnosti-svoei-blokchein-platformy\" type=\"external_link\">announced<\/a>\u00a0new opportunities for its proprietary blockchain platform, including compatibility with smart contracts and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications on the Ethereum network. This would allow developers to move smart contracts and entire projects between Sber\u2019s blockchain and public blockchain networks, the bank said.<\/p>\n<p>Sber\u2019s latest additions also bring an integration with major software cryptocurrency wallet MetaMask, which is used to interact with the Ethereum blockchain. The integration allows users to make operations with tokens and smart contracts placed on Sber\u2019s blockchain platform, the announcement notes.<\/p>\n<p>\u201cSber Blockchain Lab works closely with external developers and partner companies, and I am glad that our community will be able to run DeFi applications on Sber&#8217;s infrastructure,\u201d head of blockchain lab Alexander Nam said. He noted that the newly integrated features will help Sber to unite developers, corporations and financial institutions to explore practical business applications of blockchain, Web3 and decentralized finance.<\/p>\n<p>As previously reported, Sberbank has been actively developing blockchain products in recent years,\u00a0filing an application with the Bank of Russia\u00a0to launch a blockchain platform for its \u201cSbercoin\u201d stablecoin in early 2021. After receiving the central bank\u2019s approval in spring 2022, Sber finally\u00a0announced its first digital currency deal\u00a0in June. Sber\u2019s majority shareholder is the government of Russia, holding 50% + 1 share.<\/p>\n<p>Sber\u2019s announcement came shortly after Russian President Vladimir Putin\u00a0called for an open blockchain-based settlement network. He criticized the monopoly in global financial payment systems, expressing confidence that digital currencies-based <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> will drive independence from banks. At the same time, Putin\u2019s government does not allow its citizens to use crypto as payment, putting a\u00a0blanket ban on payments with Bitcoin\u00a0(BTC) in early 2020.<\/p>\n<p><strong>Related:\u00a0Telegram founder wants to build new decentralized tools to combat power abuse<\/strong><\/p>\n<p>In late November, Russian lawmakers also discussed potential legal amendments in order for the government to\u00a0launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Bank of Russia, which are known for having a lot of disagreement when it comes to regulating the local crypto market.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/russias-sber-bank-integrates-metamask-into-its-blockchain-platform\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Russia&#8217;s Sber bank integrates Metamask into its blockchain platform &#8220; Russia\u2019s largest bank Sber \u2014 formerly known as Sberbank \u2014 continues developing its blockchain platform by integrating it with the Ethereum blockchain. On Nov. 30, Sber officially\u00a0announced\u00a0new opportunities for its proprietary blockchain platform, including compatibility with smart contracts and applications on the Ethereum network&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":519281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zNWZkMjUzMzBkZDAzN2NhOGRkOTNmMDVhMTMwOGFkOC5qcGc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,74891,133064,82253,71939,4975],"class_list":["post-519280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-ethereum","tag-metamask","tag-sberbank","tag-banks","tag-russia"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=519280"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/519281"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=519280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=519280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=519280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}