"Ripple Effect: Saudi Arabia's Journey Towards Blockchain Payments" (Communities - Activities)
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Item ID 2575891 in Category: Communities - Activities
"Ripple Effect: Saudi Arabia's Journey Towards Blockchain Payments" | |
In the finance sector, blockchain holds immense promise for enhancing efficiency, reducing costs, and improving transparency. Several banks in the Middle East have been exploring blockchain-based solutions for cross-border payments, trade finance, and digital identity management. For instance, the Saudi Arabian Monetary Authority (SAMA) has partnered with Ripple, a blockchain payments company, to pilot instant cross-border payments using blockchain technology. | |
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| Target State: All States Target City : All Cities Last Update : Mar 22, 2024 8:26 PM Number of Views: 61 | Item Owner : Blockchain News Middle East Contact Email: (None) Contact Phone: (None) |
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2025-01-08 (0.386 sec)