ICD to Utilize Blockchain-powered tool for Islamic banks

ICD to Utilize Blockchain-powered tool for Islamic banks

A Saudi Arabia-headquartered multilateral body, the Islamic Corporation for the Development of the Private Sector (ICD) shared their vision in utilizing the innovative technology of blockchain. The aim of the implementation is to streamline the process for the Islamic banks in managing their liquidity and increase the transparency and traceability of transactions made.

Leave a Reply