Bitfury Group is the largest mining company outside of China. It has several offices located in the US, several European countries and Georgia. Valery Vavilov, the head of the company, continues to develop his offspring, opening new branches and engaging in innovative developments. Now it became known that the representation of Bitfury Group will open in Russia. Specialists working in the Russian branch will develop Exonum and Crystal software.
Exonum is an open framework for developing blockbusters that will allow companies and government organizations to implement secure block-based solutions. Technology is supposed to be used to protect copyright and ensure "transparency" of elections. In addition, Exonum will help translate the state services system into a block system. The latter function is already being successfully implemented in Georgia, where registration of property rights is started on the basis of Exonum.
The Crystal software, previously presented by Bitfutry developers, is designed to identify questionable and criminal transactions in Bitcoin. The full version of the application will be launched in March this year.
Russian officials and government advisers have repeatedly put forward proposals for the implementation of the blockade in government services, so these and other developments of the Bitfury Group may prove to be quite popular on the territory of the Russian Federation.
Bitfury Group was founded in 2011 by Latvian citizen Valery Vavilov. Recently Vavilov entered the first list of billionaires of the crypto-currency industry from Forbes.
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