The high level of dependency on the internet and the significant increase of exposure of critical parts of our lives — social media platforms, smart TVs, fitness wearables, electronics health records, e-government services — have resulted in the creation of new opportunities for hackers to exploit. Unfortunately, the business opportunities for cybercrime might be considered […]
Live & Leave a Legacy
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المعِده بيتُ الداء والدواء
عندما خلق الله سبحانه وتعالى البشر لم يخلق معهم مضادات حيوية ولا أدوية كيميائية ولا علاجات إشعاعية وإنما أودع بأجسامهم ما هو أقوى وآمن من كل ما في ترسانة الطب من أدوية، تلك هى قدرة الجسم على مقاومة المرض وتحقيق الشفاء. تميّز العربُ والمسلمون في علاج أمراضهم بعسل النحل وحبة البركة والتلبانة والروحانيات (Spiritual […]
Blockchain PoS
A more detailed proposal was shared in late 2017 with few central banks and companies in the Middle East, but no action. Now, MasterCard is preparing to offer a solution to protect the identity of consumers at the point-of-sale: “People lose money from their credit cards in a mysterious way just because someone duplicated the […]
Financial Inclusion with Sugi Card from Sofitto
Financial Inclusion with Sugi Card from Sofitto Financial inclusion is a hot topic nowadays and it should be as the number of excluded adults is over 2 billion. That’s a huge loss to businesses to say the least. Sofitto created a solution to help reach those unbanked and to give individuals and businesses access to […]
Digital Transformation is More Than Lipstick on a Pretty Old Goat
The digital transformation of financial institutions is a dire need demanded by the new generation (Generation Z) who are glued to their hand-held devices. Because of the slow response to those demands, new fast moving players have entered the scene with impressive products. No doubt conventional banks are worried and those who might not be […]
Banks & Fintechs: Adversaries or Partners?
“Financial technology or “FinTech” describes the use of new and disruptive technology in financial services.” FinTech is not a new concept, but part of an evolution. Western Union used the telegraph technology to transfer money as Back as 1861 in USA. Banks are responding to the FinTech threat by either acquisitions, partnerships, or rejection and […]
Blockchain for Islamic Finance
Blockchain is a revolutionary technology which has the potential to disrupt various sectors, but has not yet gained the mainstream acceptance it deserves, partly because of its first application, bitcoin, which has soaked up headlines with negative news. Despite the hype, Blockchain offers true value to many industries including Islamic finance. The convergence of Blockchain […]
Blockchain Enabled ATM for Secure Access
There’s no question that cardless ATMs are an improvement over current cash delivery systems, and they’re naturally more secure and convenient. But, when will we see cardless ATMs that authenticate users over a closed-loop Blockchain network? Dr. Husam Yaghi designed for Ateon a Blackchain-based system by which users are securely authenticated when accessing a participating […]
Saudi Women and the Blockchain
Saudi Arabia is transforming socially and economically. Recently the ban on women driving was left among several other initiatives to encourage women direct participation in the transformation of the country. Globally, the percentage of women involved in Blockchain and cryptocurrency is far lower than that of men. Some researchers blamed it on the natural difference […]
Patients Health Records Management
Health records of patients start with proper management of their identity. Identity is a foundational element of all blockchain work in Healthcare. Identity solutions have the capability to solve problems in today’s marketplace, while providing structure for tomorrow’s blockchain-based marketplaces. As we look toward a future state, securing the cornerstones of identity and reputation will […]