The Russian state of Nizhny Novgorod is testing the utilization of the blockchain-based application “City N” for public administration tasks, as per a report by ForkLog on May 28.

State residents can reportedly be ready to file their taxes on the blockchain-based Vostok platform using the city N application. alternative services of the appliance embody the ability to verify the identity of Nizhny Novgorod residents, furthermore as having the ability to track expenditures residents have paid to the state’s budget via the web portal of public services Gosuslugi.

Governor of the Nizhny Novgorod Region, GlebNikitin, commented on the transparency accorded by using blockchain technology, furthermore because the government’s hopes for civic engagement via the new application:

“Thanks to new technologies, residents are additional actively concerned in managing their city through proactive, supposed ‘participatory’ budgeting. The blockchain technology can enable us to make sure most transparency and honesty in relations between an individual and therefore the state.”

Funds can supposedly be allotted within the 2020 federal budget to launch a pilot of the platform in alternative regions. The National Center for Informatization of Rostec State Corporation can reportedly oversee the implementation of the platform nationwide.

As antecedently reported by Top Market Group, the Russian state-owned holding conglomerate Rostec wrote a proposal for a five-year national blockchain strategy that may supposedly generate 1.6 trillion rubles ($25.4 billion).

According to the ForkLog report, Rostec and Vostok signed a partnership agreement to implement blockchain tech into the Russian Federation’s digital infrastructure.

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