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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.

by Godfrey Benjamin
Jun 17, 2020

CRYPTOCURRENCY

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

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