Express

Middle East's Presence in Blockchain Development

Sofia Cabrera

Summary: Over the past several months, Middle Eastern countries have quietly established their presence in the blockchain industry.  Some notable players are the countries Bahrain and Saudi Arabia. Since the beginning of 2019, Bahrain’s central bank has reworked its economic structure to include a digital currency platform. In addition, Bahrain has partnered up with Saudi Arabia and ...

Over the past several months, Middle Eastern countries have quietly established their presence in the blockchain industry.  Some notable players are the countries Bahrain and Saudi Arabia. Since the beginning of 2019, Bahrain’s central bank has reworked its economic structure to include a digital currency platform. In addition, Bahrain has partnered up with Saudi Arabia and the UAE to increase awareness and adoption of blockchain technology with the hopes of making transactions between these countries and seamless as possible.

Author: Sofia Cabrera

Last Update:

Tags: ,,,,,
Link: Middle East's Presence in Blockchain Development   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 21 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 24 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 28 days ago
  • You need to login to comment.