Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020

Cointelegraph

Published Feb 19, 2020 12:24PM ET

Updated Feb 19, 2020 02:02PM ET

Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020

One of the financial hubs of the Middle East, the United Arab Emirates (UAE), is continuing to expand blockchain-driven developments.

The Department of Economic Development (DED) of Dubai has established a Know Your Customer (KYC) blockchain consortium with six major banks.

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