Blockchain Payment System For Govt Entities Developed By Dubai’s Department Of Finance

Blockchain, News | September 24, 2018 By:

The Dubai Department of Finance (DoF) has teamed with the Smart Dubai Office (SDO) to create a blockchain payments processing system for government entities.

Called “Payment Reconciliation and Settlement” system, the new platform is intended to allow greater accuracy and real time processing of financial interactions between the DoF and other government agencies.

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