Ukraine created a blockchain based on domestic cryptography

Ukraine created a blockchain based on domestic cryptography

The State Service for Special Communications and Information Protection of Ukraine has developed a software package for the basic blockchain system using domestic cryptography with high post-quantum strength. This was reported to by the press service of the department.

The technology can be used to conduct various polls, create a national cryptocurrency, use smart contracts and provide fault-tolerant electronic document management.

Now, on the basis of the blockchain, a prototype electronic voting system has been deployed.

“The main advantage of the developed prototype is the implementation of domestic cryptographic standards DSTU 4145: 2002, DSTU 7564: 2014, DSTU 7624: 2014 and DSTU 8845: 2019, which are stable and in the post-quantum period,” representatives of the State Special Communication Service told .

Specialists conducted research on security issues and developing recommendations regarding the use of blockchain technology. The results are included in the roadmap, which describes the components of decentralized systems recommended for each of the practical applications of the technology.

The State Special Communications Service has also prepared a draft technical regulation of cryptographic information protection facilities. Now the project is being prepared for approval by the Cabinet of Ministers of Ukraine.

Earlier, the National Bank and the Ministry of Finance of Ukraine approved a strategy for the development of the financial sector until 2025, one of the directions of which was the development of blockchain technologies.

Ukraine created a blockchain based on domestic cryptography