Analysis of UAE and Saudi Arabia’s Government Cross-Border Payments Cryptocurrency

Analysis of UAE and Saudi Arabia’s Government Cross-Border Payments Cryptocurrency

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The United Arab Emirates and its neighbor Saudi Arabia launched a government-backed cryptocurrency to facilitate cross-border payments. The launch was part of a seven-point co-operation plan that was unveiled on Jan. 20th. Apart from cryptocurrency development, the rest of the plan includes a sort of customs union, which allows Saudi and Emirati small and medium-sized enterprises…

Sony Develops Blockchain System for Digital Rights Management

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Entertainment behemoth Sony Corporation announced Monday the development of a blockchain-based tool for the management of the rights to intellectual property such as music, videos, and written works. Sony: We Built a Blockchain for Music, Video Rights https://t.co/dqZkLr8Wiv pic.twitter.com/87JT5KCYqJ — Backbone (UK) (@BackboneUK) October 15, 2018 Sony: Blockchain ‘Lends Itself to Rights Management’ The immutability…

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

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Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.