Source: Moscow Metro
Russia conducted its first digital ruble payment as part of a smart contract for insuring the capital’s autonomous tram.
As Maksim Liksutov reported, the transaction was successfully carried out in pilot mode between the insurance group SOGAZ and the metro, with the support of VTB Bank. The payment was not related to an actual insurance event.
Key advantages of digital rubles:
🔹 Reliability. This is a digital form of the national currency, alongside cash and non-cash funds.
🔹 Speed. Payments are processed automatically within one day under a smart contract.
🔹 Security. Full transparency of transfers, as well as payments for goods and services.
At the beginning of 2025, on the instructions of Moscow Mayor Sergey Sobyanin, the Moscow Government signed a smart contract to insure Russia’s first autonomous tram. This test payment proved the safety, transparency, and high speed of fulfilling obligations using digital rubles. The online calculation of simulated damages and the payout of compensation were completed within one day. In the future, digital rubles will become one of the payment methods for fares and other transportation services in the capital, — said Maksim Liksutov.