Emirates NBD Enlists UAE Central Bank in Blockchain Check Trial

One of the Middle East’s largest banking groups is partnering with the central bank of the United Arab Emirates on a blockchain trial focused on bank check fraud. Emirates NBD first waded into the blockchain world last year, when it started testing the tech for payments applications and joined an expansive research and information-sharing effort backed by the Dubai government. According to Ali Sajwani, Emirates NBD’s chief information officer, those early efforts (both internal and collaborative) yielded key insights, namely that “the technology already has some real world...

Category - World