UAE, Saudi working on Blockchain-based payment settlement
|By Arabian Post Staff| The Central Bank of the UAE confirmed that its working with the Saudi Arabian Monetary Authority (SAMA) on a joint project which constitutes a Proof-of-Concept (PoC) for experimenting with Blockchain technology to facilitate cross-border payments between the two countries. The PoC is still at an early stage and will help CBUAE gain a deeper understanding of the feasibility of distributed ledger technology in this […]