Saudi Arabia’s IDB Plans Blockchain Financial Project

Institutional-level adoption cases for Blockchain technology are cropping up everywhere. The most recent announcement comes from Saudi Arabia, where the Islamic Development Bank will use Blockchain-based financial platforms to reach out to Muslim customers.

The Islamic Research and Training Institute is seeking to create platforms that are sharia-compliant via partnerships with Ateon and Belgium-based SettleMint. According to the announcement: […]

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