"UAE's Blockchain Revolution: Pioneering the Future of Governance" | |
In the finance sector, blockchain holds immense promise for enhancing efficiency, reducing costs, and improving transparency. Several banks in the Middle East have been exploring blockchain-based solutions for cross-border payments, trade finance, and digital identity management. For instance, the Saudi Arabian Monetary Authority (SAMA) has partnered with Ripple, a blockchain payments company, to pilot instant cross-border payments using blockchain technology. | |
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Target State: All States Target City : All Cities Last Update : 23 March 2024 5:56 AM Number of Views: 71 | Item Owner : Blockchain News Middle East Contact Email: (None) Contact Phone: (None) |
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