UAE hits its digital stride in KYC and blockchain
The UAE was already a fintech pioneer but Covid turned it into a leader. Banks and government agencies are furiously rolling our blockchain backed services that do everything from seamless KYC checks to detecting fraud in supply chain financing. By
UAE Dubai Economy and DIFC unify their Blockchain enabled KYC Consortiums
According to the recent announcement the unified UAE KYC Blockchain consortium will facilitate faster, more secure and streamlined customer onboarding and allow sharing of verified e-KYC data between licensing authorities and financial institutions through advanced distributed technologies.
Commercial Bank of Dubai goes Live on KYC Blockchain Platform
s the UAE KYC Blockchain ecosystem continues to grow, these benefits will become more pronounced and increasingly expected by customers. The FIDES platform removes data silos that currently exist within and across institutions and in doing so brings in cost
norbloc selected to be part of FCA and City of London Digital Sandbox Pilot
norbloc selected to be part of FCA and City of London Digital Sandbox Pilot. The Digital Sandbox Pilot has been launched by the FCA and the City of London Corporation. It provides innovators with access to a suite of tools
Dubai Economy, Emirates NBD and norbloc go-Live with the UAE KYC Blockchain Platform
The initiative is powered by norbloc, a global leader in blockchain KYC technology. First announced in February 2020, the initiative is set to become a nationwide ecosystem for exchange of verified KYC data. The project is fully supported by Smart Dubai
Dubai’s KYC Blockchain Platform is Credit Positive for UAE Banks, Moody’s says
Our platforms have been singled out by Moody’s as credit positive for the banking sector.
Dubai Economy and six banks launch KYC consortium
The new ‘KYC Blockchain Consortium’ will facilitate a faster, more secure on-boarding and exchange of digital customer data and documents through advanced blockchain-powered distributed technologies, a first of its kind in the region.
norbloc’s platform Fides powers the largest KYC Blockchain Consortium in MENA
Dubai, February 19, 2020: norbloc, the premier blockchain Know-Your-Customer (KYC) provider, has been selected the technology provider for the first Blockchain Consortium of banks in the MENA region, comprised of five banks and one government entity in the UAE. Via its
DIFC, Mashreq Bank and norbloc to launch the region’s first production blockchain
DIFC and Mashreq announced today their strategic alliance to launch the region’s first production-ready blockchain KYC data-sharing consortium, norbloc's Fides platform, in Q1 2020 to support businesses and Corporates in Dubai.
norbloc, the leading blockchain KYC company, in the world’s Top-100 most innovative RegTech 2019
norbloc's flagship product, Fides, is a revolutionary blockchain KYC platform and now norbloc is one of the world's Top-100 most innovative RegTech companies, included in the 2019 REGTECH100 list
