Blockchain

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Swiss National Bank and SDX extend CBDC project for two more years 

The Swiss National Bank (SNB) and the SIX Digital Exchange (SDX) have announced that they will extend their exploration of wholesale central bank digital currencies (CBDCs) for an additional two years. This extension is a part of the ongoing Project...

Global Blockchain intelligence platform, Chainalysis, establishes regional HQ in Dubai 

Chainalysis, the Blockchain intelligence platform, has inaugurated its headquarters for Southern Europe, Middle East, Central Asia and Africa in Dubai. This move follows three years of exponential growth in the region for the company, as it has established...

AlphaPoint partners with Bancolombia subsidiary Wenia to launch next-generation exchange 

AlphaPoint, a leading provider of digital asset infrastructure of exchanges, brokerages, payment networks and banking, has announced its partnership with Wenia, a subsidiary of Bancolombia, to launch their innovative exchange offering.   The...

XION pioneers user-friendly Blockchain solutions with latest chain abstraction release 

XION, a Blockchain purpose-built for mainstream adoption, has launched its user-friendly Chain Abstraction solution. XION’s Chain Abstraction combines XION’s ease-of-use with seamless composability of users, apps and liquidity across connected...

Who needs Blockchain? New research states many Blockchain uses are unnecessary 

New research has revealed that Blockchain technology is probably unnecessary in the majority of cases, despite its popularity.  In recent years Blockchain technology has been making headlines and boomed in popularity, thanks partly to its use in the...

Innovative Blockchain gaming economic models

‘SERAPH: In the Darkness,’ a highly anticipated dark-themed ARPG built on the Arbitrum One Blockchain, has recently concluded its third round of closed testing. Dubbed the ‘Chaos Legacy Test,’ this 30-day test, starting from November...

Mastercard’s CBDC tokenisation pioneers Web3 commerce 

Richard Wormald, Division President, Australasia at Mastercard, highlights the success of Mastercard’s innovative solution. By tokenising CBDCs onto various Blockchains, consumers now have a secure and convenient option to engage in commerce across...

Zetrix-Xinghuo international multi-chain wallet enables interoperable verifiable credentials and enhanced cross-border transactions 

Zetrix, a leading public Layer 1 Blockchain platform, has announced a significant milestone in its journey to connect businesses globally and streamline trade processes. The platform has unveiled a groundbreaking update to its native wallet application,...

Transforming digital identity management in Switzerland with zero-knowledge 

Partisia Blockchain and the University of Applied Sciences and Arts Western Switzerland (HES-SO Valais-Wallis) are poised to transform the management of digital identities for Swiss citizens.   This partnership aims to develop a decentralised...

Quant launches central bank-grade key management solution for Blockchain transactions 

Blockchain-for-finance pioneer, Quant, has launched a groundbreaking solution to make Blockchain-based transactions more secure for banks and other institutions.  Financial institutions have implemented mature key management solutions to secure data,...

Pioneering Saudi Arabia’s licensed Blockchain revolution 

Beyond Imagination Technologies (BIT) announced its strategic expansion into the Middle East region with the partnership with software company Aba’ad Alkhayal in Saudi Arabia.   The Middle East has emerged as a significant hub for...