The Pakistan Banks’ Association (PBA), a group of 31 traditional banks operating in Pakistan, has signed off on the development of a blockchain-based Know Your Customer (KYC) platform. The move aims t...
Tag: Pakistan
Pakistan Banks’ Association (PBA) Announces Blockchain Use For KYC
5 seconds ago | 2 mins read Blockchain News The State Bank of Pakistan (SBP) is developing an electronic KYC system. PBA Chairman and Avanza Innovations CEO were present at Thursday’s signing event. T...
Pakistan banks agree on blockchain-based KYC system development
Pakistan Banks’ Association (PBA) — a group of 31 traditional banks operating in Pakistan — signed off on the development of a blockchain-based platform for Know Your Customer (KYC) initiatives. On M...
Pakistan Banks to Use Blockchain Technology for KYC – Blockchain Bitcoin News
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the person...
Pakistan Banking Association To Create Blockchain-Based System To Exchange Bank Data
Mar 04, 2023 at 10:10 // News In March 2023, the Pakistan Banking Association (PBA) announced its plans to create a government-owned blockchain-based eKYC platform for the exchange of banking data, wh...
At Least 34 People Killed In Mosque Bombing In Northwest Pakistan
Topline At least 34 people were killed and several more were injured in a purported suicide bombing attack on a mosque in Peshawar, Pakistan, less than one year after the deaths of 62 people in anothe...
Pakistan and Egypt at Risk of Currency Crisis – Trustnodes
Pakistan and Egypt are the latest countries to develop a monetary crisis as their currencies plunge while inflation jumps. Pakistan, a country with a GDP of $350 billion, is running out of money with ...
Ireland’s Test Drought Finally Ends But Doubt Remains Over Cricket’s Expensive Five-Day Format
Ireland will finally play Test cricket (Photo by Stu Forster/Getty Images) Getty Images It’s years in the making, four actually, but Ireland will finally break their Test cricket drought during ...
In 2022, 149 Million Of Children Were In Need Of Humanitarian Assistance
In 2022, the number of children in need of humanitarian assistance rose more than 20% in comparison to 2021, to 149 million. As indicated by the Global Humanitarian Overview, the increase can be attri...
Pakistan Enacts New Legislations To Introduce CBDC by 2025
Altcoin News The State Bank of Pakistan (SBP) enacted new legislation for EMIs. Licenses to issue CBDCs will be distributed by EMIs from the state bank (SBP). Central bank digital currencies (CBDCs) a...
Pakistan launches new laws to expedite CBDC launch by 2025
Regulators worldwide see central bank digital currencies (CBDCs) as a way to enhance fiat capabilities by inheriting the financial prowess of technologies that power cryptocurrencies. Pakistan joined ...
England Cement Limited-Overs Legacy After Beating Pakistan To Win Cricket’s T20 World Cup
England lift the trophy after winning the T20 World Cup Final match at the Melbourne Cricket Ground, … [+] Melbourne. Picture date: Sunday November 13, 2022. (Photo by PA Wire/PA Images via Gett...
England beat Pakistan to win T20 World Cup at MCG as Ben Stokes stars yet again in a final
Ben Stokes of England celebrates victory following during the ICC Men’s T20 World Cup Final match between Pakistan and England at the Melbourne Cricket Ground on November 13, 2022 in Melbourne, ...
A T20 World Cup Final Between India And Pakistan Could Become Cricket’s Most Hyped Contest Ever
India and Pakistan played in front of 90,000 at the MCG during the T20 World Cup (Photo by SURJEET … [+] YADAV/AFP via Getty Images) AFP via Getty Images Could it really happen? Is it written in...
Dissecting Kohli’s ‘Insane’ Six In India’s Famous Cricket Win Over Rival Pakistan
Virat Kohli played an unforgettable innings. (Photo by Quinn Rooney/Getty Images) Getty Images It might be remembered as ‘the shot’, a moniker well known in basketball for Michael Jordan’s classic gam...
Exceeding The Hype, Kohli Powers India Past Rival Pakistan In Cricket’s Most Lucrative Contest
India conjured a miraculous victory against rival Pakistan (Photo by SURJEET YADAV/AFP via Getty … [+] Images) AFP via Getty Images For those privileged to have attended, they’ll never forget th...
As Politics Take A Back Seat Momentarily, The Rare India-Pakistan Match Will Stop The Cricket World
Rohit Sharma (C) of India and Babar Azam (C) of Pakistan pose ahead of the T20 World Cup. (Photo by … [+] Martin Keep- ICC/ICC via Getty Images) ICC via Getty Images Indicative of the magnetic p...
Don’t Expect Energy Sanctions To Stop Iran’s Crackdown
The Iranian government’s violent crackdown on protests stemming from the murder of Mahsa Amini by Iran’s Morality Police is driving the West to levy further sanctions against Iran. The US Treasury Dep...
Youth And Women’s T20 Leagues At The Heart Of Pakistan Cricket’s Bold Vision
Pakistan’s Cricket Board chairman Ramiz Raja has reinvented the wheel. (Photo by ARIF ALI/AFP via … [+] Getty Images) AFP via Getty Images Earlier in the year, intrigued Associate chiefs f...
Gates Foundation Pledges $1.2 Billion To Polio Eradication
Topline The Bill and Melinda Gates Foundation announced Sunday it will donate $1.2 billion to help eradicate wild polio in the two remaining countries—Pakistan and Afghanistan—where the virus is endem...
The Girl Child Is Still Under Threat Globally
2022 has been a dangerous year for the girl child. In Afghanistan, many girls continue to be prevented from accessing secondary and higher education. On September 30, 2022, over 50 girls and young wom...
LBank Hosts a Web 3.0 Event in the Financial Hub of Pakistan & Other Activities
Top cryptocurrency exchange LBank hosted several key events and activities in the month of September for its Pakistani community. The trading platform also donated to the people that were affected by ...
Climate reparations ethical but not best fix: Climatologist
Displaced people in floodwater after heavy monsoon rain at Usta Mohammad city, in the Jaffarabad district of Balochistan province, on Sept. 18, 2022. Thirty-three million people have been affected by ...
Factories Making Towels and Bedsheets Are Shutting in Pakistan
(Bloomberg) — Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped ...
LBank Donated Relief Goods to Pakistan Flood-Hit Areas for Recovery Efforts
In the last few weeks, torrential monsoon rains caused devastating floods that badly damaged a few parts of Pakistan. As a result, thousands of people from Punjab, Balochistan, Sindh, and Khyber Pakht...
Regulatory Hurdles Slow Crypto Adoption in India & Pakistan, Chainalysis Report Reveals
Hostile regulatory environments see India and Pakistan crypto adoption fall sharply, a new Chainalysis report reveals. India, once home to the second-largest crypto-loving demographic in the world, ha...
Fasset Partners With Pakistan Prime Minister’s Youth Program and JazzCash
Fasset is partnering with Pakistan’s Prime Minister’s Office, as part of their Prime Minister’s Youth Program (PMYP), to educate 1 million young people on blockchain-based technologies, web3, and cryp...
Pakistan Eyes Educating 1 Million Youths on Crypto and Web3
To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Yout...
Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan
Digital asset-based fintech startup Fasset Technologies has launched a peer-to-peer trading platform in Pakistan to drive financial inclusion. The move is one of Fasset’s international expansion...
Cardano NFT Column: Cardano For Pakistan
This week’s guest on the Cardano NFT Column is a completely voluntary charity fundraising campaign to support the 33 million+ victims of the devastating floods ravaging Pakistan: Cardano For Pakistan....