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Etisalat Digital supports launch of UAE blockchain platform for trade industry

Tuesday 20 April 2021 | 13:05 CET | News
UAE Trade Connect (UTC), a new nationwide blockchain platform co-created by Etisalat Digital with seven UAE banks and Avanza Innovations, has gone live. The platform will enable UAE banks and the supply chain industry to combat fraud and duplication, among other issues in the trade finance space. The platform is based on blockchain and other disruptive technologies enabling data to be shared in a secure manner. These include AI, machine learning, optical character recognition and robotic process automation.

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Categories: IT
Companies: Etisalat
Countries: United Arab Emirates
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