Wednesday 25 April 2018
 
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Blockchain

Blockchain ‘could cut cross-border banking costs’

Blockchain technology has the potential to significantly reduce the costs and time involved in cross-border banking transactions, increasing banks' efficiency but putting pressure on their fees and commissions, Moody's Investors Service

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UN uses blockchain to track Tunisian school lunches

Devery.io, a blockchain based startup focused on supply chain tracking, has partnered with the United Nation’s World Food Programme and the Tunisian Ministry of Education to implement a blockchain-based tracking system for its school meals

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UN uses blockchain to track Tunisian school lunches

Devery.io, a blockchain based startup focused on supply chain tracking, has partnered with the United Nation’s World Food Programme and the Tunisian Ministry of Education to implement a blockchain-based tracking system for its school meals

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7,000 industry leaders to attend Dubai Blockchain summit

More than 7,000 chiefs of industry and visionary technologists from around the world will look to help accelerate blockchain application in Dubai and beyond, at the inaugural Future Blockchain Summit, to be held next month in Dubai, UAE.

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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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