Qatar Commercial Bank Completes International Money Transfer Blockchain Pilot

Qatar Commercial Bank Completes International Money Transfer Blockchain Pilot

Commercial Bank, a private Qatari bank has revealed the successful completion of an initial blockchain pilot enabling international funds transfers with a number of banks in the region and beyond. The offering could have a significant impact on outward remittances in a country that houses a large population of working immigrants from a number of regional nations. Doha-based Commercial Bank, which lays claim to being Qatar’s first private bank, has announced the completion of a blockchain pilot in partnership from its regional alliance. Hosted on a cloud-based blockchain, the platform sees....


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