Technology

The United Arab Emirates is debuting a blockchain-based Know Your Customer

Dubai Debuts National Data Platform Powered by Blockchain

This platform is set to become a national system for the exchange of verified customer information. The Economic Development Department of Dubai, or DED. And the state-run bank Emirates NBD are carrying out their so-called UAE KYC blockchain network. 120 Local companies have signed up for Emirates NBD platform The new blockchain platform, first unveiled […]

China Considers Introduction of Blockchain Technology in Equity Centres

Recently, the China Securities Regulatory Commission, or CSRC, released a letter authorizing 5 national stock markets. These will include Beijing, Shanghai, Jiangsu, Zhejiang, and Shenzhen equity centers. These and other regions obtained permission in early July to begin experimenting with a blockchain pilot. Blockchain and stock trading The next move for the CSRC is to […]

Singapore’s Blockchain Payment Project Is Ready for Commercial Use

The Singapore authorities have announced today that their blockchain payment project, Project Ubin, is complete and ready for commercial launch. Project Ubin was initially undertaken in 2017 by the Monetary Authority of Singapore or MAS. With plans to first create a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology […]

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Shipping Giants Launches Blockchain Pilot to Improve Safety

The Port of Rotterdam, Netherlands has launched a blockchain-based pilot with some of the world’s leading shipping companies to boost the safety and productivity of millions of containers unloaded every year in the port, according to a port released on 9 July. Secure Container Release, recorded as replacing the conventional PIN code with a digital […]