bne_Tech_06_2019

Contents
bne:Tech
June 2019 www.intellinews.com @bneintellinews
Russia develops a major face-recognition scheme
Russia is working on a large-scale face-recognition scheme that could provide a useful tool for law enforcers and a large order for its tech partner, NtechLab. Meanwhile, the segment's other local companies are also working on similar solutions.
Russia develops a major face-
recognition scheme 2 Russia’s TON blockchain in
testing phase 3 Russia moves towards greater
internet control 5 Russia's EconMin launches
Virtual Economic Zone idea 8 Russia's Sberbank and Rambler
outline cooperation mode 9
Leaders 10
Russian internet major Mail.ru
launched its own voice assistant 10 Russian internet major Yandex to
produce own video content 10
Investment 11
German DEG and Da Vinci Capital
invest in DataArt 11 Quant funds keeping It simple and
effective 12 Russia gears up for AI investment
and regulation 14 Russia's Sberbank to acquire 25%
in Muslim charity platform PayZakat 14
Fintech & E-commerce 15
Russia's internet major Yandex and
online bank TCS flirt with merger idea 15 Russia's Mail.ru closes Alibaba deal
with 15% stake and big upside 15 Russia’s Tinkoff Bank positions itself
on Russia’s $15bn online travel market 16 Russian online retailer Ulmart will
open to Chinese producers 17
Telecom 19
Rostelecom/Ericsson and MTS/Huawei
to start 5G testing in Russia 19 Hungary's telecommunication tax compatible with EU rules 19 T-Mobile in Czech Republic saw growth
of CZK6.7bn in 1Q19 20
Blockchain & Cryptocurrency 21
Cryptocurrency is the Pascal’s wager
of finance 21 Azerbaijan reaches blockchain
technology platform deal with IBM
for customs procedures 23
NIBs 24
At the heart of the scheme, implemented by the interior ministry and the local company NtechLab, co-owned by
See page 2
Russia’s TON blockchain in testing phase
In late May, Telegram messaging service, the company behind the project, released a test client for TON, according to an email
to investors, cited by several news outlets.
See page 3