XDC Blockchain, IFTA Plan Digital Assets Trade Workshop In UAE
The International Trade and Forfaiting Association (IFTA) and XDC Blockchain network are set to host a fintech workshop in Dubai, UAE on February 22nd.
The event is designed for various stakeholders, including IFT members, banks, credit insurers, fintech companies, law firms, policy makers, corporates, alternative lenders, family offices, asset managers, and logistics operators.
The workshop will cover topics such as MLETR policy developments, digital negotiable instruments, and real-time loan transactions.
Trade finance has gained interest from the UAE government and the banking sector, with Emirates NBD investing in Blockchain-enabled Komgo in September 2023.
The fund aims to strengthen strategic partnerships by combining the bank’s digital ambitions and regional expertise with fintech companies’ agility and technological innovations.
UAE Trade Connect, a blockchain trade finance platform for banks, has also reported a $27 million transaction volume.
(with inputs from Shikha Singh)
You need to login in order to Like
