Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank By Cointelegraph

Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank


Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank

The research arm of Suadi Arabia’s Islamic Development Bank Group is aiming to develop a blockchain-based smart credit management system.

To achieve this, the bank’s Islamic Research and Training Institute, or IRTI, has partnered with the Samsung-backed blockchain provider Blocko. The partnership comes as a part of the E24P regional consortium launched by Blocko across the Middle East, Africa, and South-East Asia in April.

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