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UAE and Saudi Arabia want to use blockchain

UAE and Saudi Arabia want to use blockchain . Blockchain network concept. Image for illustrative purposes. Shutterstock . The other day, the UAE's central bank declared it was focusing on a joint cryptocurrency, predicated on blockchain, using its counterpart in Saudi Arabia

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Jul 25, 2019· Saudi Arabia is an enemy of Iran and tension has mounted between the UAE and Tehran over several issues, including the UAE's coordination with U.S. efforts to curb what it calls Iran's malign activities in the region.

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Dubai: Since beginning its dramatic rise in value over a year ago, many commentators have pronounced bitcoin dead, saying instead that the true value of the polarising digital currency was to be found in its underlying technology, blockchain. Cryptocurrency …

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Dubai would implement and go live with 20 blockchain-based projects in 2018. Its government had previously formed Smart Dubai, an agency created with the aim of making Dubai the most technologically advanced, and smartest city in the world.

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Jul 05, 2014· Among a select number of global markets for Pepsi, the UAE, Kuwait and Saudi Arabia will see the roll-out of the brand's interactive gaming vending machine, which, using motion-sensor technology, allows football fans to show off their skills throughout the World Cup 2014. Fans are challenged by the 2014 Pepsi all-star football squad – Robin van […]

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Jun 08, 2020· While fintech is on the rise across the region, this new money transfer via blockchain by the central bank will no doubt shine the much-deserved spotlight on fintech in Saudi Arabia.

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UAE Blocks Non

Mar 17, 2020· Saudi Arabia, reporting 67 new infections to bring its total to 238, suspended most private sector activities and cut its state budget by nearly 5%, as the outbreak and low oil prices threaten growth.

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"Both Saudi Arabia and the UAE have made very public commitments to embracing innovation as part of their strategy for the future, so it's right they are taking a proactive approach to exploring the use of cryptocurrencies," Lobrano added. Fact Box. The UAE has been quick to acknowledge the potential of such a technology.

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Turkish authorities blocked access to Saudi and United Arab Emirates state news websites on Sunday, amid an ongoing spat over the countries' media networks, Reuters reported. "Internet users in Turkey trying to access the sites of Saudi news agency SPA, the UAE's WAM news agency and more than a dozen other sites saw a message saying that they were blocked under a law governing internet ...

UAE blocks non

Mar 19, 2020· Saudi Arabia and Kuwait are on virtual lockdown after suspending international flights last week and closing most public venues..GCC countrie shutdown. COVID-19 Saudi. coronavirus Dubai. coronavirus. coronavirus latest news. coronavirus live news. coronavirus update. coronavirus news. coronavirus helpline. coronavirus treatment. coronavirus count. coronavirus death toll. coronavirus …

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