Russia plans to spend 28.4 billion rubles (over $450 million) on the development of blockchain until 2024. While this is 50% lower than previous figures, the strategy would still help the Russian economy save 500 billion rubles (about $8 billion). Russia to Spend Less on Blockchain According to the Rostec, the state-owned tech-oriented corporation, blockchain spending in the next four years will be reduced to 28.4 billion rubles from previously voiced figures of 55-85 billionRead More The post appeared first on Bitcoinist.com.