UAE Banking System Will Soon Leverage Blockchain Technology

The United Arab Emirates has often been regarded as a blockchain hub, due to the country’s constant efforts to research and adopt blockchain technology at a state-wide level. Now, recent reports indicate that the United Arab Emirates Banks Federation (UBF), through its Advisory Council, has held discussions regarding the implementation of the technology for its member banks.
To put things better into perspective the UBF represents an organization consisting of 50 banks,responsible with deb