Fin Tech Focus

Fin Tech Focus




Bahrain leads the way

July 29 - August 4 , 2020
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Bahrain’s standardised blockchain verification technologies helped local businesses digitise their operations much faster than neighbours like the UAE after the start of the Covid-19 pandemic, an online discussion panel heard recently. Bahrain’s Information and eGovernment Authority (IGA) and the BENEFIT company launched the national digital identity and the electronic Know-Your-Customer (eKYC) platform in April last year, while the UAE is currently in initial stages of standardising its national UAE Pass service.