Monday 19 February 2018
 
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Blockchain

MasterCard to patent 30 blockchain developments

The international payment system MasterCard plans to patent thirty in-house developments based on the distributed registers (blockchain) technology, head of the Russian Representative Office of MasterCard was quoted as saying in a media report.

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Saudi central bank, Ripple in key blockchain deal

Saudi Arabian Monetary Authority (Sama), the country's central bank has inked a deal with US-based Ripple, a key provider of real-time gross settlement system and currency exchange, to help banks boost their payments infrastructure using its

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Dubai ‘set to become world’s smartest city’

Dubai is well on course to becoming the smartest city in the world with 100 smart initiatives and 1,000 smart services to be completed before the end of 2017, said the founder of Crystal Lagoons, the water innovation company. &ldq

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Blockchain ‘will change banking customer experience’

Emerging technologies such as blockchain will transform customer experience in the banking sector, enabling organizations to gain greater insight from customers’ data, Avaya announced at the24th World Islamic Banking Conference in Bahrain.

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Dnata tests blockchain for freight transport

Dubai-based dnata, one of the world’s largest air services providers, has created a new value proposition for cargo service delivery through the use of blockchain technology in conjunction with Emirates Innovation Lab, IBM and flydubai Car

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RakBank enables India remittance via Blockchain

RakBank, a top bank based in Ras Al-Khaimah, UAE has announced that it has partnered with Ripple to leverage its global Blockchain network (RippleNet) to power cross-border payments. Recognising the rising power of blockchain in t

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Blockchain changing security landscape in banking sector

Blockchain, the technology that is used in the popular cryptocurrency 'Bitcoin', is revolutionary in many ways. It addresses multiple challenges associated with digital transactions, such as double spending and currency reproduction.

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Tristar Group deploys blockchain technology

UAE-based Tristar Group, a leader in liquid logistics solutions, has unveiled a ground-breaking proof of concept (POC) using blockchain technology, a milestone in its digital transformation strategy. Transparency in the supply cha

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Unlock Blockchain Forum signs up Emirates as official carrier

Unlock Blockchain Forum announced today Emirates Airline as its official carrier for the forum, set to take place in Dubai in January 2018.   The forum, organized by Al-Iktissad-Wal-Aamal, will take place from Ja

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AI, blockchain in spotlight at FinTech Summit

More than 200 banking financial services and insurance (BFSI) enterprise decision makers from across the region discussed the latest developments in FinTech including artificial intelligence (AI) and blockchain at the recently concluded FinTech

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