Abu Dhabi Islamic Bank revealed that it had completed a trade finance transaction on TradeAssets blockchain network in what is a first for Islamic banks.
Abu Dhabi Global Market has amended its crypto framework, which has formed part of the FSRA regulations for the past two years.
MidChain is reportedly set to launch in late 2019. Once launched, MidChain will be located in the international financial center Abu Dhabi Global Market.
Abu Dhabi Global Market (ADGM), the financial centre of the UAE’s capital, has successfully completed trials of a new app for improving Know-Your-Customer (KYC) processes, known as e-KYC.
Abu Dhabi Ports and the Port of Antwerp, Belgium, have announced a collaboration on a pilot program for a blockchain-powered supply chain project, Silsal.