Dubai, Emirates NBD Sign MoU on BlockChain Trade Finance Solutions

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The Dubai Chamber of Commerce and Industry (DCCI) has signed a memorandum of understanding (Buy bitcoin) with Emirates NBD.Middle Eastern news daily Saudi Gazette reported on Oct. 14 that the DCCI, which acts as an international business hub in Dubai, has signed an MoU with Dubai government-owned bank, Emirates NBD. The bank, which is one of the largest banking groups in the Middle East in terms of assets, will provide trade finance solutions for the Digital Silk Road, a Dubai 10X initiative, which uses blockchain technology to digitize trade processes in Dubai. Read more
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