Dubai Welcomes Global Businesses With First Blockchain KYC Platform
⠀
Dubai Inte…
Uncategorized

Dubai Welcomes Global Businesses With First Blockchain KYC Platform ⠀ Dubai Inte…

[ad_1]

🔗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 procedure and replacing it with a blockchain-centric digital one. DIFC prepares each new KYC record as part of a company’s corporate license application. With the customer’s consent, this information is then shared electronically with Mashreq via the blockchain. The result is a simplification of the process companies currently go through when opening a new bank account. This will make it easier and faster for new companies to do business in the UAE.

According to their statement, DIFC-incubated fintech firm Norbloc provided the blockchain platform (Fides), Gowling WLG drafted the legal agreements, and Deloitte supported Mashreq with governance and program management.

☑️DIFC’s framework change makes the Fintech business even more appealing to the rest of the world

[ad_2]

Source

restorecg

restorecg

Crypto Reporter

restorecg covers cryptocurrency markets, blockchain technology, and decentralized finance for CryptoGazette.

39 Comments

  1. alexadellanos_2
    alexadellanos_2

    Investing online with Mrs. @fx_sinova have been a change of story for me, Mrs @fx_sinova, she’s a trusted and reliable person, her platform real pays

  2. kar__chee
    kar__chee

    I’m not an expert in trading but have made $5500 with just $500 investment I had a good guidance with mr @Artem_crypto and his, it’s beyond eye opening. With these teachings and trading skills I have had nothing but continued success

  3. mustaphamuhammad9111
    mustaphamuhammad9111

    I’m not an Expert in trading but I have made $5600 with $700 investment within 48hours… I had a good guidance with Jeremiahalicia123 and her team.it’s beyond eyes opening with those teaching and trading Skills, I had nothing but Continues success..thank you so much Jeremiahalicia123

  4. aladee585
    aladee585

    Investing online with Mrs. @fx_sinova have been a change of story for me, Mrs @fx_sinova, she’s a trusted and reliable person, she platform real pays

  5. adams_bradley2
    adams_bradley2

    Thank you so much Ma’am Nelly Mishina for helping me in forex trading you have made me gain financial freedom may God bless you @nelly_mishina_fx

  6. patterson_mark0
    patterson_mark0

    Invested $1,500 earned $16,850 in a week trading with @kimberly_trades

  7. sandramary115
    sandramary115

    I can’t stop thanking you Mr walter for bringing joy to my home again, after many attempts thanks for your good platform for trading @douglas_walter90

  8. maria_cruzcruz3
    maria_cruzcruz3

    It’s amazing trading with someone with great skills and knowledge about the market I enjoy full profits and easy withdrawals with no complains @forex_ilona

  9. kandlewest268
    kandlewest268

    Good work deserves recommendations.. Marian Wilson is indeed a helper and a God sent to My life and also to the public, I just started up investing/Trading with @marianwilson62 and I started earning a lot more than expected. I made $10,500 with just $1,000 within a week. I strongly recommend @marianwilson62 to everyone who wants to start Investing and earning to contact @marianwilson62

  10. alecjorge001
    alecjorge001

    Thank you very much Mr Walter Douglas  for  putting smiles on my face am very sorry for doubting you at first I don’t think there are still legit account manager, But right now you make me believe again on binary option trade I’m forever grateful Mr Walter Douglas, God bless you and your trading team sir. For those of you looking for legit account manager, just give this man a try and am sure you won’t regret it. You can contact him @invest.flash_koin

  11. mcc2568
    mcc2568

    I’m doing this because this was exactly how I saw a recommendation of a friend and I decided to give it a try now my $1000 investment has now turned into $9500 just within a week @_forex_traderoptions she’s a satisfied woman.

  12. omondiagbecollins
    omondiagbecollins

    It still seems unbelievable and i can’t express my gratitude sir,keep the good work and God bless you for impacting so many lives on daily basis. Still can’t believe my $1000 initial investment has earned me $12,000. Thank you @miguel_investments

  13. fred_benjamin32
    fred_benjamin32

    The incredible moment was when I came across a post of how Mr rodomir vadoim had helped people financially and I decided to give it a try with £1000 and I got £12,700 I was like this is not real but all thanks to @rodomirvadoim I’ve made a successful withdrawal @rodomirvadoim

  14. iuyrewww
    iuyrewww

    @forex_ilona has done it again, I’m forever grateful for what God has use Mrs Ilona to change my life with her platform as I got another payment direct to my bank account @forex_ilona

  15. elizabethlawson2278
    elizabethlawson2278

    I have lost my money to numerous scammers online until I came across this wonderful forex trading expert @investwithamandanewcomer and I have been earning big over some months now, you too can be a part of this testimony, join @investwithamandanewcomer and start earning every day

  16. suzanne_anstaett1022
    suzanne_anstaett1022

    She has being a honest woman all through and I am still investing with her till today. Invest with the right manager and there will be no more loss of money, @forex_ilona

  17. frederickrichard321
    frederickrichard321

    I’m engaging in this because this was how I saw post about @forextraderjones2 and i decided to give a try and unexpectedly it went well, I invested $500 and got $5000 less than a week. All thanks to @forextraderjones2

  18. ka_thy2634
    ka_thy2634

    Get paid with @penelope_hillary_bitcoin

  19. blockchain.news
    blockchain.news

    #blockchainnews #blockchain #blockchaintechnology #bitcoin #bitcoins #bitcoinprice #bitcointrading #cryptotrading #cryptoexchange #cryptocurrencyexchange #cryptonews #tokenization #ethereum #digitalcurrency #token #trading #otc #otctrading #cryptocurrency #crypto #cryptomining #smartcontracts #uae #digital #cryptoworld #investments #ico #kyc #stablecoin
    #dubai

  20. lindegards_rachel
    lindegards_rachel

    Financial freedom is less about financials and more about freedom.

  21. ggoldledger1
    ggoldledger1

    Our platform token doesn’t only guarantee ‘investment returns’, ‘dividends’ or ‘profits’. Instead, we have focuses on selling a digital asset that will have a clear use case in a decentralized application, as a means of both incentivizing development and solving the chicken-and-egg problem for the network. Our gold blockchain actually serves a purpose rather than just being a funding mechanism.
    The team has developed a hybrid solution to improve the transparency and reliability of the pure golds market, as well as a solution for the cryptocurrency market, offering a stable cryptocurrency backed by pure Golds.
    For more info you can visit our company website, contact us with the company information we have put out there.
    We are much responsible email [email protected] or on our telegram handle (ggl) platform token has been built to be the future of Gold market through block chain, (ggl)  can be used for depositing and safeguarding capital, as well as for making payments. (ggl)  pricing is based on pure golds. This delivers a stability guarantee that is absent from similar stablecoins linked to financial instruments.
    Ref: ggoldledger.com

  22. mustaphamuhammad9111
    mustaphamuhammad9111

    I’m not an Expert in trading but I have made $5600 with $700 investment within 48hours… I had a good guidance with Jeremiahalicia123 and her team.it’s beyond eyes opening with those teaching and trading Skills, I had nothing but Continues success..thank you so much Jeremiahalicia123

  23. sandramary115
    sandramary115

    I can’t stop thanking you Mr walter for bringing joy to my home again, after many attempts thanks for your good platform for trading @douglas_walter90

  24. maria_cruzcruz3
    maria_cruzcruz3

    It’s amazing trading with someone with great skills and knowledge about the market I enjoy full profits and easy withdrawals with no complains @forex_ilona

  25. alexadellanos_2
    alexadellanos_2

    Investing online with Mrs. @fx_sinova have been a change of story for me, Mrs @fx_sinova, she’s a trusted and reliable person, her platform real pays

  26. kandlewest268
    kandlewest268

    Good work deserves recommendations.. Marian Wilson is indeed a helper and a God sent to My life and also to the public, I just started up investing/Trading with @marianwilson62 and I started earning a lot more than expected. I made $10,500 with just $1,000 within a week. I strongly recommend @marianwilson62 to everyone who wants to start Investing and earning to contact @marianwilson62

  27. patterson_mark0
    patterson_mark0

    Invested $1,500 earned $16,850 in a week trading with @kimberly_trades

  28. omondiagbecollins
    omondiagbecollins

    It still seems unbelievable and i can’t express my gratitude sir,keep the good work and God bless you for impacting so many lives on daily basis. Still can’t believe my $1000 initial investment has earned me $12,000. Thank you @miguel_investments

  29. fred_benjamin32
    fred_benjamin32

    The incredible moment was when I came across a post of how Mr rodomir vadoim had helped people financially and I decided to give it a try with £1000 and I got £12,700 I was like this is not real but all thanks to @rodomirvadoim I’ve made a successful withdrawal @rodomirvadoim

  30. adams_bradley2
    adams_bradley2

    Thank you so much Ma’am Nelly Mishina for helping me in forex trading you have made me gain financial freedom may God bless you @nelly_mishina_fx

  31. kar__chee
    kar__chee

    I’m not an expert in trading but have made $5500 with just $500 investment I had a good guidance with mr @Artem_crypto and his, it’s beyond eye opening. With these teachings and trading skills I have had nothing but continued success

  32. iuyrewww
    iuyrewww

    @forex_ilona has done it again, I’m forever grateful for what God has use Mrs Ilona to change my life with her platform as I got another payment direct to my bank account @forex_ilona

  33. elizabethlawson2278
    elizabethlawson2278

    I have lost my money to numerous scammers online until I came across this wonderful forex trading expert @investwithamandanewcomer and I have been earning big over some months now, you too can be a part of this testimony, join @investwithamandanewcomer and start earning every day

  34. aladee585
    aladee585

    Investing online with Mrs. @fx_sinova have been a change of story for me, Mrs @fx_sinova, she’s a trusted and reliable person, she platform real pays

  35. alecjorge001
    alecjorge001

    Thank you very much Mr Walter Douglas  for  putting smiles on my face am very sorry for doubting you at first I don’t think there are still legit account manager, But right now you make me believe again on binary option trade I’m forever grateful Mr Walter Douglas, God bless you and your trading team sir. For those of you looking for legit account manager, just give this man a try and am sure you won’t regret it. You can contact him @invest.flash_koin

  36. suzanne_anstaett1022
    suzanne_anstaett1022

    She has being a honest woman all through and I am still investing with her till today. Invest with the right manager and there will be no more loss of money, @forex_ilona

  37. frederickrichard321
    frederickrichard321

    I’m engaging in this because this was how I saw post about @forextraderjones2 and i decided to give a try and unexpectedly it went well, I invested $500 and got $5000 less than a week. All thanks to @forextraderjones2

  38. mcc2568
    mcc2568

    I’m doing this because this was exactly how I saw a recommendation of a friend and I decided to give it a try now my $1000 investment has now turned into $9500 just within a week @_forex_traderoptions she’s a satisfied woman.

  39. ka_thy2634
    ka_thy2634

    Get paid with @penelope_hillary_bitcoin