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Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in BanksAdvisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks

Crypto New Media
Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in BanksAdvisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks

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Advisory council of uae banks federation considers adoption of blockchain in banksadvisory council of uae banks federation considers adoption of blockchain in banks

The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blockchain in its member banks, according to the Dubai-based English language newspaper Gulf News on Dec. 17. The Advisory Council of UBF, a non-profit organization representing 50 member banks in the country, considered using blockchain to improve Know Your Customer (KYC) processes at entrant banks. UBF’s chairman, Abdul Aziz Al Ghurair, claimed […]

The post Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in BanksAdvisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks appeared first on Crypto New Media.

Advisory council of uae banks federation considers adoption of blockchain in banksadvisory council of uae banks federation considers adoption of blockchain in banks

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