Tag Archives: Finance

Kuwait Finance House started the instant remittance service using Ripple

[ad_2][ad_1] Announced on Twitter today, Kuwait Finance House or KFH is set to begin the operation of a cross-border instant remittance service using Ripple's underlying technology. KFH started to manage an instant cross-border remittance service using Ripple's blockchain technology. The "Instant International Transfer" service at zero rate is now available …

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China launches Blockchain For Trade Finance

[ad_2][ad_1] To share Tweet To share To share To share Print out E-mail The China Banking Association (CBA) has announced the launch of a blockchain-based platform for commercial finance. A CoinDesk report revealed that over 10 of the country's leading banks have joined the platform, including HSBC (China), Bank of …

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The spread of Blockchain in Islamic finance

[ad_2][ad_1] Blockchain, an unalterable digital information recording system, is increasingly being discovered as a useful tool by Islamic financial institutions and banks. (Shutterstock) Blockchain technology, an unalterable digital information recording system, is increasingly being discovered as a useful tool by financial institutions and Islamic banks for complex financing contracts and …

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Blockchain startups transform Islamic finance and how they are doing it

[ad_2][ad_1] Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and alternatives that comply with Islamic norms and sharia over conventional insurances. Blockchain can provide assistance in KYC, back-office automation and micro-insurance underwriting. Several Islamic financial institutions are looking for Blockchain Emirates Islamic was the …

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