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
Read MoreBlockchain 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
Read MoreThere’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
Read MoreSaudi 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
Read MoreHealth 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
Read MoreAmazon is a threat to banks — just not in the way you think by: TANAYA MACHEEL | AUGUST 28, 2017 • Amazon is disrupting banks, but not because they’re stealing customers; because they’re becoming more and more dependent on public clouds like Amazon Web Services • Amazon may not want to displace banks that
Read MoreBlockchain’s applications are still being determined, but the ability to facilitate transactions without the need for a central authority, combined with the speed and cost benefits, are among the features that have so many interested in the technology. With the use of smart contracts, business rules can be applied that can facilitate transferring anything of
Read MoreTell us about Ateon I Co-Founded Ateon (www.ateon.net) in 2016 to offer FinTech solutions to clients in Saudi Arabia. Ateon was the first company to offer Blockchain-based FinTech solutions in Saudi Arabia and among the first in the region. Why Blockchain? Blockchain is the future as it offers infinite solutions to many of our unsolved
Read MoreI am an Electrical Engineer from Southern University (1979-1984) and a Ph.D. holder from LSU (1991-1997) in Baton Rouge, La USA. Introduced Blockchain solutions in Saudi Arabia in early 2016 by creating Ateon (www.ateon.net); a systems integrator of solutions from distinguished international partners. Grew the company organically; “like organic produce, tastes better, healthier and made
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