KCN First UAE Islamic financial institution to combine blockchain

KCN First UAE Islamic financial institution to combine blockchain [youtube https://www.youtube.com/watch?v=ael-JcJNTl8?rel=0&cc_load_policy=1&modestbranding=1&w=580&h=385]

Companion: Emercoin-https://emercoin.com

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Emirates Islamic will combine blockchain expertise into its cheques. Based on CoinIdol, Emirates Islamic will problem new cheque books, termed ‘Cheque Chain’, carrying a novel QR-code on each leaf, together with a string of 20 random characters. The financial institution plans to have every cheque leaf registered on the Financial institution’s blockchain platform, enabling it to validate the authenticity of the cheque on the supply. The financial institution claims the choice to be an efficient banking transactions safety enchancment and fraud prevention measure.

Information:
Bitcoingarden - https://bitcoingarden.org
Coinidol - https://coinidol.com/
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