Tag Archives: Saudi

[ad_2][ad_1] The sixteen members of the committee The world of cryptocurrencies and blockchain technologies is slowly starting to permeate the traditional financial market, and Arabs are willing to become references for other actors using these technologies in large-scale operations. According to an article published by the Emirates News Agency, the …

[ad_2][ad_1] The immutable nature of the blockchain has led many to believe that one of the ways in which blockchain technology will change the world will be the fact that it can be applied to the logistics sector, where goods must be constantly monitored for maximum productivity and profitability. It …

[ad_2][ad_1] In the framework of a blockchain pilot program, between Saudi Customs and IT partner Tabadul, the Saudi Arabia FASAH cross-border trading platform was integrated with Maersk and the IBM TradeLens service. FASAH connects all government and private entities involved in cross-border trade, while the Saudi customs authorities are the …

[ad_2][ad_1] According to a report by RTT News, Saudi Arabia is currently experimenting with tracking shipments on the blockchain. The project will link the existing Saudi Customs shipments tracking platform, known as Fasah, to a block-block based on TradeLens. Helping the pilot will be the Saudi customs IT partner, Tabadul. …

[ad_2][ad_1] The customs authorities of Saudi Arabia have concluded a pilot project linking its FASAH cross-border trading platform to the blockchain platform of IBM and Maersk TradeLens. A press release dated 26 December reported the conclusion of the pilot. TradeLens, which IBM and Maersk created in August of last year, …

[ad_2][ad_1] The United Arab Emirates and Saudi Arabia have launched a proof of concept (PoC) to test the blockchain to help cross-border payments between the two countries. Ripple involved? The Central Bank of the United Arab Emirates (CBUAE) and the Monetary Authority of Saudi Arabia (SAMA) are behind the new …

[ad_2][ad_1] Erik Finman's life is like a dream. He is the youngest Bitcoin millionaire in the world. Its digital wallet stores more than 400 BTCs, which cost $ 20,000 for a coin at $ 8 million. From a schoolboy to a millionaire Bitcoin The story of Erik Finman began in …

[ad_2][ad_1] The United Arab Emirates Central Bank (UAE) is collaborating with the Saudi Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. GulfNews press release in Dubai has reported this collaboration on December 12th. Mubarak Rashed Al Mansouri, the governor of the UAE central …

[ad_2][ad_1] The Saudi media have reported that the Islamic Corporation for Private Sector Development (ICD) is planning to develop a sharia-compliant blockchain product. The ICD plan to roll out blockchain-based financial products is to allow Islamic banks to manage their liquidity needs. With the proposed plan for the development of …

[ad_2][ad_1] The Islamic company based in Saudi Arabia for private sector development (ICD) has signed an agreement with a fintech company based in Tunis to develop blockchain solutions for Islamic banks, it was announced. In a statement, the ICD – which is the private sector branch of the Islamic Development …