Ozon Bank Launches Digital Financial Assets Platform in Four Months
Ozon Bank and Diasoft have built a platform for issuing and trading digital financial assets in just four months. Following a regulatory review, the Bank of Russia added Ozon Bank to its register of information system operators.
Development took just four months, from project launch to successfully passing the regulator's audit. The platform is built on Diasoft's Digital Q.Blockchain and Digital Q.DFA solutions. Every transaction is secured with cryptography, the system automatically recovers from failures, and smart contracts execute transaction terms without manual intervention. Regulatory reports for the Bank of Russia are generated directly from the blockchain network with a single click.
Diasoft representative Alexey Kurochkin attributed the project's success to the combination of the company's industry expertise and flexible import-independent solutions tailored to the bank's requirements.
