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Dubai Debuts Nationwide Data Platform Powered by Blockchain

This platform is set to become a nationwide system for exchanging verified customer data.Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform.120 local firms already signed up for the platform with Emirates NBDFirst revealed in February 2020, the

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Dubai Welcomes Global Businesses With First Blockchain KYC Platform

Dubai International Financial Centre (DIFC) and Mashreq bank announced the launch of their new blockchain data-sharing platform on March 1st.This platform will allow licensed businesses and corporations to open digital bank accounts instantly by verifying their identities via an internal blockchain.Mashreq accomplishes this by removing the existing paper-based KYC

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Dubai Property Giant Emaar to Launch Blockchain-Based Rewards and Loyalty Ecosystem

Emaar, the Dubai-based property developer behind the world’s tallest building, Burj Khalifa, and the Dubai Mall, the most visited shopping and entertainment destination in the world, is releasing a new blockchain-based referral and loyalty platform.  advertisement The new EMR platform will reward Emaar customers with tokens for their loyalty and business referrals

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Dubai Chamber of Commerce Partners with Major Local Bank for Blockchain Solutions

Dubai Chamber of Commerce and Industry (DCCI) has partnered with the major regional bank Emirates NBD by signing a memorandum of understanding (MoU) to boost the development of the blockchain-powered Digital Silk Road initiative.Emirates NBD was the first bank in the region to launch a blockchain pilot in this domain

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Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP).According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers to manage trade licenses and corporate registries.The Silicon

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