Universal R-matrix and Quantum Volterra Model

In this paper we explicitly prove that Integrable System solved by Quantum Inverse Scattering Method can be described with the pure algebraic object (Universal R-matrix) and proper algebraic representations. Namely, on the example of the Quantum Volterra model we construct L-operator and fundamental R--matrix from universal R--matrix for Quantum Affine $U_q(\widehat{sl}_2)$ Algebra and q-oscillator representation for it. In this way there exists an equivalence between the Integrable System with symmetry algebra A and the representation of this algebra.