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BTC365 EURO2020
Blockchain News

Trillion-Dollar Oil Firm, Saudi Aramco aims to Spot Fraudulent Job Certificates Using Blockchain

Lujan Odera June 30, 2021

Saudi Aramco’s entrepreneurship arm, Wa’ed, is planning a $1.5 million investment in Dhahran-based blockchain firm, IR4LAB, to spot fraud in job applications, a report from Arab News states. In news first made public on Arab News, the trillion-dollar oil conglomerate, Saudi Aramco is entering the blockchain space to solve the increasing fraud cases in job

Saudi Aramco’s entrepreneurship arm, Wa’ed, is planning a $1.5 million investment in Dhahran-based blockchain firm, IR4LAB, to spot fraud in job applications, a report from Arab News states. In news first made public on Arab News, the trillion-dollar oil conglomerate, Saudi Aramco is entering the blockchain space to solve the increasing fraud cases in job

ripple
Altcoin News
ripple
Altcoin News

Ripple’s xCurrent Saves Up-to $400 B/Year For Saudi Arabia’s Monetary Authority

Dalmas Ngetich June 13, 2020

The Kingdom of Saudi Arabia’s Monetary Authority (SAMA) has drastically cut down on costs, saving up to $400 billion a year following its decision to upgrade and modernize its payments system. The decision saw SAMA rope in Ripple and incorporated one of its three main solutions, the xCurrent, as a way of easing transactions between

The Kingdom of Saudi Arabia’s Monetary Authority (SAMA) has drastically cut down on costs, saving up to $400 billion a year following its decision to upgrade and modernize its payments system. The decision saw SAMA rope in Ripple and incorporated one of its three main solutions, the xCurrent, as a way of easing transactions between

Bitcoin ATM
Blockchain News
Bitcoin ATM
Blockchain News

Blockchain to Boost ATM Security, First Blockchain-Enabled 5FA Verification ATMs Launched

Dare Shonubi June 28, 2019

​Two big companies, Alhamrani Universal (AU) and ShoCard are in partnership to create a new type of Automated Teller Machines (ATM)  that would employ a merger of the blockchain technology and user biometrics to enable the withdrawal of cryptocurrencies in the form of fiat cash. This new set of ATMs are currently being developed in

​Two big companies, Alhamrani Universal (AU) and ShoCard are in partnership to create a new type of Automated Teller Machines (ATM)  that would employ a merger of the blockchain technology and user biometrics to enable the withdrawal of cryptocurrencies in the form of fiat cash. This new set of ATMs are currently being developed in

RippleNet
Altcoin News
RippleNet
Altcoin News

Ripple Targets Middle East Financial Institutions, Adds New Partners on Ripple Net

Nilesh Maurya December 28, 2018

Ripple has successfully partnered with institutions around the world and its recent focus seems to be on Middle Eastern Institutions. As per reports Ripple has partnered with institutions in various countries in the Gulf region to its Ripple Net network. Ripple finds partners in Kuwait after Dubai and Bahrain Ripple has been strategically capturing the

Ripple has successfully partnered with institutions around the world and its recent focus seems to be on Middle Eastern Institutions. As per reports Ripple has partnered with institutions in various countries in the Gulf region to its Ripple Net network. Ripple finds partners in Kuwait after Dubai and Bahrain Ripple has been strategically capturing the

Blockchain News
Blockchain News

Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions

Tabassum December 6, 2018

The Saudi media reported that the Islamic Corporation for the Development of the Private Sector (ICD) is planning to develop sharia-compliant blockchain product. ICD’s plan of rolling financial products powered by blockchain is to enable Islamic banks to manage their liquidity needs. With the proposed plan for developing blockchain solutions for an Islamic bank, ICD

The Saudi media reported that the Islamic Corporation for the Development of the Private Sector (ICD) is planning to develop sharia-compliant blockchain product. ICD’s plan of rolling financial products powered by blockchain is to enable Islamic banks to manage their liquidity needs. With the proposed plan for developing blockchain solutions for an Islamic bank, ICD

Altcoin News
Altcoin News

In the land of Islamic Banking and Arabs, Ripple takes on Stellar for Blockchain Supremacy

Nilesh Maurya September 14, 2018

While Stellar Lumens, may have received certification for both its platform and associated cryptocurrency, from the Shariyah Review Bureau — an Islamic advisory firm based in Bahrain and is ready to spread its wings in the Islamic Financial World, Ripple has hit back to its competitions. In a recent announcement, Ripple has said that the

While Stellar Lumens, may have received certification for both its platform and associated cryptocurrency, from the Shariyah Review Bureau — an Islamic advisory firm based in Bahrain and is ready to spread its wings in the Islamic Financial World, Ripple has hit back to its competitions. In a recent announcement, Ripple has said that the

Ripple
Altcoin News
Ripple
Altcoin News

Better Reduced Remittances in Saudi Arabia with Ripple Blockchain – Moody’s investors services

Casper Brown March 14, 2018

Agreement has been signed in between (Saudi Arabian Monetary Authority) SAMA and Ripple. As per which xCurrent payment method will be deployed for cross-payments, which might assist in generating a savings of close to $400 million every year. Ripple Blockchain distributed ledger technology:  Unraveling the insites As the news goes, UAE Exchange has announced its

Agreement has been signed in between (Saudi Arabian Monetary Authority) SAMA and Ripple. As per which xCurrent payment method will be deployed for cross-payments, which might assist in generating a savings of close to $400 million every year. Ripple Blockchain distributed ledger technology:  Unraveling the insites As the news goes, UAE Exchange has announced its