Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020
A new partnership between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc aims to launch a blockchain-based Know Your Customer (KYC) data-sharing consortium in 2020. The official United Arab Emirates news agency, Emirates News Agency, reported on the new development on July 31.
1 AUGUST 2019
Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain
The Dubai Land Department (DLD) and telecoms firm Etisalat have signed a memorandum of understanding concerning real estate blockchain technology, United Arab Emirates-based outlet Gulf Today reported on June 10.
11 JUNE 2019
Dubai Government and UAE Bank Unveil Blockchain-Based Mortgage Platform
The Dubai Land Department (DLD), the real estate arm of the Executive Council of Dubai, has partnered with UAE-based Mashreq Bank to release a blockchain-based mortgage platform, according to a report by The National on May 28.
29 MAY 2019
Smart Dubai Endorses Blockchain Platform From Major Local Telecoms Operator
The blockchain platform built by one of the United Arab Emirates’ (UAE) two telecoms operators has received an official endorsement from the government as part of the country’s blockchain integration, executives confirmed in a press release on April 3.
3 APRIL 2019
Dubai telecom giant du joins Carrier Blockchain Study Group
Dubai-based telecom giant du has joined the Carrier Blockchain Study Group (CBSG) as part of its efforts to foster blockchain innovations, Emirates News Agency reported.
22 JANUARY 2019
Ripple to Set up an Office in Dubai by Year-End
Ripple has announced that it will be setting up an office in Dubai, United Arab Emirates before the close of 2018.
4 NOVEMBER 2018
Dubai Bitcoin Exchange Halts Fiat Withdrawals Due to Bank ‘Issue’
Dubai-based exchange BitOasis has suspended UAE Dirham/BTC trading, citing issues with the bank servicing the exchange itself.
15 MAY 2018
Dubai Government Unveils Blockchain Business Registry
Dubai's government is using blockchain technology to make it easier for companies to set up and operate in the country.
2 MAY 2018
Dubai Gold Trader Earns First Cryptocurrency Trading License
A Dubai-based gold investment and trading firm has become the first company in the Middle East to receive a government-backed cryptocurrency trading license.
14 FEBRUARY 2018