Russian telecom operators Beeline and Megafon offer to develop a mobile application and additional services for the digital ruble.
The heads of Beeline and Megafon suggested linking wallets for the digital ruble to a subscriber number in order to ensure convenient use of the state digital currency. Users will be able to store digital rubles on their smartphones, make peer-to-peer payments without intermediaries, and transfer digital rubles by mobile phone number.
In addition, mobile operators will consider the possibility of creating additional services for the digital ruble, since the connection of customers with the Central Bank of Russia is not enough. Thanks to the mass nature of mobile communication services, operators will be able to ensure the rapid spread of the digital ruble.
Sergey Shcherbinin, Director of Information Technology Development at the Ural Bank for Reconstruction and Development (UBRiR), noted the convenience of storing digital rubles in mobile phones or smart watches. However, he said that making payments with digital rubles would be much safer and more efficient if financial organizations were involved. The larger the number of devices that support digital wallets, the more important it is to centrally manage these wallets and accounts, as this will increase the security of their interaction.
The management of Zenit Bank believes that in order to reduce risks, it is necessary to link the phone numbers of users using the digital ruble to their profile in the Unified Biometric System (EBS) and in the Unified Identification and Authentication System (ESIA).
In the fall, the Central Bank of Russia began a public discussion of the digital ruble. The majority of Russian banks see it as a threat to cyber security and the risks of fraudulent transactions. At the same time, some banks have expressed their readiness to take part in the testing of the digital ruble, which may begin in the first half of this year.