A pilot trial of the digital ruble will be launched in Belarus on 1 July

It will become a third, absolutely equal form of national currency. Money will be stored in digital wallets on the regulator's platform. One such "virtual" ruble will always be equal to one cash or non-cash ruble. Settlements between companies will be virtually instantaneous. So-called "smart contracts" will also be introduced. These are the algorithms that automatically fulfill the terms of a transaction. The digital ruble will make theft impossible.