The largest Bank of Dubai, implemented the blockchain for anti-fraud

In February, the Dubai government announced plans to issue a national cryptocurrency emCash. The coin will be used for payment of public and commercial services. Now the largest Bank in the city Emirates NBD announced the launch of a blockchain system, Check Chain, which will improve the security of payments. This writes Bitcoinist.

Banks accept cryptocurrency and the blockchain

The service is intended for so-called transaction validation. We are talking about operations that the client confirms by using the private key of the authenticator. Check Chain will enable Bank staff to verify the authenticity verification and to prevent fraud by client accounts.

Technology will significantly strengthen our position in the field of protection of customers from fraud and theft of funds. In the case that it will be in demand from users, we plan to extend it to the whole country.

As the newspaper notes, the introduction of technology means that the largest Bank of Dubai officially acknowledged the existence of the cryptocurrency. Hopefully that example will be followed by Emirates NBD and other financial institutions.

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0 Comments on “The largest Bank of Dubai, implemented the blockchain for anti-fraud”

  1. Any chance you will expand this? Your logic should be accepted and normal for all it’s just that I know a few ideas that contradict this With respect- thanks for reading

  2. I’m not concern trolling but are you right with reference to this? It seems somewhat triggered and I’m worried about you :

  3. Hey, how’s it going?

    I want to pass along some very important news that everyone needs to hear!

    In December of 2017, Donald Trump made history by recognizing Jerusalem as the captial of Israel Why is this big news? Because by this the Jewish people of Israel are now able to press forward in bringing about the Third Temple prophesied in the Bible

    The Jewish people deny Jesus as their Messiah and have stated that their Messiah has been identified and is waiting to be revealed They say this man will rule the world under a one world igion called spiritualism

    They even printed a coin to raise money for the Temple with Donald Trumps face on the front and with king Cyrus'(who built the second Temple) behind him On the back of the coin is an image of the third Temple

    The Bible says this false Messiah who seats himself in the Third Temple will be thee antichrist that will bring about the Great Tribulation, though the Jewish people believe he will bring about world peace It will be a false peace for a period of time You can watch interviews of Jewish Rabbi’s in Israel speaking of these things They have their plans set in place It is only years away!

    More importantly, the power that runs the world wants to put a RFID microchip in our body making us total slaves to them This chip matches perfectly with the Mark of the Beast in the Bible, more specifically Revelation 13:16-18:

    He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name

    Here is wisdom Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666

    Referring to the last days, this could only be speaking of a cashless society, which we have yet to see, but are heading towards Otherwise, we could still buy or sell without the mark amongst others if physical money was still currency RFID microchip implant technology will be the future of a one world cashless society containing digital currency It will be implanted in the right-hand or the forehead, and we cannot buy or sell without it! We must grow strong in Jesus AT ALL COSTS, DO NOT TAKE IT!

    Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name ” (Revelation 14:9-11)

    People have been saying the end is coming for many years, but we need two key things One, the Third Temple, and two, the technology for a cashless society to fulfill the prophecy of the Mark of the Beast


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