Dubai has taken another important step towards blockchain technology. Emirates NBD, the largest asset in the Middle East with the Ministry of Economic Development, has launched a blockchain-based initiative. In this context, the new platform, called KYC Blockchain Consortium, will be created to accelerate the procedures for accepting new customers.
A formal agreement was agreed at the consortium on how to share the data of all its members, including HSBC and RAKBank. Also, as stated by Moody, the world's leading credit rating agency, it is aimed to reduce the operational risks of local banks.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.