Dubai: First Portal for Opening Accounts Using Blockchain Launched
Dubai International Financial Centre has announced it has launched the first portal for sharing details between companies to facilitate identifying customers using Blockchain technology. The aim is to empower companies and licensed enterprises to open digital bank accounts immediately. The DIFC launched the portal together with Almashreq Bank to implement the initiative which was launched in July 2019. Businesses and companies operating in the UAE can now use this platform.