ADIB: First Islamic Bank to use Blockchain technology for trade distribution
- The cross-border transactions completed with multiple based banks made possible through ADIB’s partnership with TradeAssets
- Trade finance e-marketplace powered by Blockchain technology to help digitize the traditional processes of origination
- ADIB’s collaboration with TradeAssets has also enabled it to automate trade finance transactions
- The completion of the first trade distribution transaction also using Blockchain by an Islamic bank
- ADIB also committed to expanding its digital footprint in trade financing and distribution, enhancing the efficiency
- ADIB values the importance of incorporating emerging technologies and forming strategic partnerships in a rapidly evolving business climate
