The Kingdom of Bahrain is in talks with Singapore\u2019s central bank as the monarchy looks toward nation-wide blockchain adoption.<\/p>\n
According to Khalid Al Rumaihi, CEO of the Bahrain EDB, the ability for blockchain to be adopted at a country level \u201cis a huge opportunity for Bahrain to move into the spotlight as a pioneer in this space<\/em>\u201d.<\/p>\n Tasked with developing the blueprint for economic growth and development, Al Rumaihi sees the entirety of the financial services sector in the midst of \u201cdisruption of fintech<\/em>\u201d, underlining the need for Bahrain to proactively adapt and leap ahead with technologies like blockchain.<\/p>\n Dubai is also moving towards to adopt blockchain widely. The government is willing move to record all of its documents on a blockchain by the year 2020, as a part of its \u201cDubai Blockchain Strategy\u201d.<\/p>\n Technology companies should grasp the opportunity to work on various other blockchain-based applications, such as in healthcare, cross-border remittance, conflict-free diamond trading and e-voting, to further promote use of blockchain into daily life.<\/p>\n <\/p>\n Source:\u00a0https:\/\/www.cryptocoinsnews.com\/kingdom-bahrain-aims-country-level-blockchain-adoption<\/a>\/<\/p>\n","protected":false},"excerpt":{"rendered":" The Kingdom of Bahrain is in talks with Singapore\u2019s central bank as the monarchy looks toward nation-wide blockchain adoption. According to Khalid Al Rumaihi, CEO of the Bahrain EDB, the ability for blockchain to be adopted at a country level \u201cis a huge opportunity for Bahrain to move into the spotlight as a pioneer in … Continue reading Nationwide Blockchain Adoption<\/span><\/a><\/p>\n","protected":false},"author":1838,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1429","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":1,"qubely_featured_image_url":null,"qubely_author":{"display_name":"xiaoge","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/xiaoge\/"},"qubely_comment":1,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"The Kingdom of Bahrain is in talks with Singapore\u2019s central bank as the monarchy looks toward nation-wide blockchain adoption. According to Khalid Al Rumaihi, CEO of the Bahrain EDB, the ability for blockchain to be adopted at a country level \u201cis a huge opportunity for Bahrain to move into the spotlight as a pioneer in…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1838"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1429"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1429\/revisions"}],"predecessor-version":[{"id":1430,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1429\/revisions\/1430"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}