Vice president of Russian state bank "Vnesheconombank" Nikita Smirnov told in an interview to the "Kommersant" newspaper that he considers Bitcoin to be the only successful implementation of the blockchain technology.Quote: "Bitcoin is the only blockchain technology in the world that has widespread adoption. It exists for several years already, people tried to hack it, but no one succeeded. So right now, if you ask whether there's another algorithm, which established itself as a solution to distributed consensus problem, then the answer is probably NO. As of the present moment, the only successful solution to that problem is Bitcoin."He also added: "Bitcoin is kind of a philosophical concept. Compare it to a bacteria, which exists separately from humans, but is in a symbiotic relationship with humans. But the word bacteria has negative connotation, whereas Bitcoin in many ways is a positive thing, which satisfies many necessities, involves people in the process and allows itself to exists in this way. It truly is a new philosophical concept, which isn't very well understood quite yet".Vnesheconombank (VEB) is a Russian state corporation that is a former Soviet bank. The Russian government uses VEB to support and develop the Russian economy and to manage Russian state debts and pension funds. It is a part in the government's plan to diversify the Russian economy, and to do so receives funds directly from the federal state budget. The bank was instituted in 1922.