UAE To Put KYC, data On Blockchain Consortium

A new collaboration has been established between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc to develop a blockchain consortium on Hyperledger by 2020. The CEO of DIFC, Authority, Arif Amiri explained, “This initiative provides a unique opportunity to harness innovative technology to deliver a seamless experience for both newly established and existing companies at the centre.”

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