Wednesday, November 13, 2019
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Abu Dhabi’s Mubadala invests in MidChains cryptocurrency exchange

Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its support behind an unlikely candidate: cryptocurrencies. The company earlier this month announced it has invested through its ventures arm in MidChains, a crypto asset exchange that will launch operations in late

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Abu Dhabi Sovereign Wealth Fund Invests in Cryptocurrency Exchange

The world’s thirteenth largest sovereign wealth fund, Abu Dhabi-based Mubadala Investment Capital, has made an investment in cryptocurrency exchange MidChains.As UAE English language newspaper Gulf News reported on Aug. 11, Mubadala Investment Capital has invested in MidChains, a digital currency trading platform set to launch in late 2019 in

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United Arab Emirates to Host Blockchain Aviation Conference in Abu Dhabi

Increasing blockchain presence in aviation will form the focus of a dedicated conference in Abu Dhabi from April 2 to 4, official news portal Emirates News Agency confirmed in a press release on March 31.Promising attendance by 800 people from almost 100 countries, “Blockchain: Unlock the Potential” aims to

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Abu Dhabi National Oil Company Partners IBM to Pilot Blockchain Across its Value Chain

Abu Dhabi National Oil Company (ADNOC) has partnered with IBM to pilot blockchain-based transaction management for its commodities right from the oil wells through to its end customers. The automated, blockchain-based, system will encompass oil and gas production management for ADNOC’s entire value chain including tracking, validating, and executing, transactions. As with

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IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9.The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s

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Abu Dhabi National Oil Company announced its collaboration with IBM on a Blockchain system for the oil and gas production value chain

The Abu Dhabi National Oil Company, ADNOC, has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain. The groundbreaking system provides a secure platform for the tracking, validating and execution of transactions at every stage, from production

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Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project

An international financial free zone within the capital of the United Arab Emirates (UAE) has concluded the first phase of its blockchain-based Know Your Customer (KYC) utility project, according to an ADGM press release Dec. 4.The Abu Dhabi Global Market’s (ADGM) regulatory body, the Financial Services Regulatory Authority (FSRA) along

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Abu Dhabi Bank Reports ‘First’ Blockchain-based Transaction of ‘Sharia-Compliant Bonds’

Al Hilal Bank, based in Abu Dhabi, the United Arab Emirates (UAE), has announced it has completed “the world’s first sukuk transaction” with the use of blockchain technology, Reuters reports Nov. 26.Sukuk, a legal instrument also known as “sharia compliant” bonds, allows investors to generate returns without infringing on Islamic

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Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain

The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets, reports the Emirati government news agency WAM Nov. 6.                                The document was reportedly issued in collaboration with the Central Securities Depositories and under the auspices of the International Securities Service

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