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UAE ADIB Bank secured over $128 million in deals on Blockchain trade finance platform in 2022

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  UAE Abu Dhabi Islamic Bank secured 130 deals valuing over $128 million from 11 banks in Bangladesh using Blockchain trade finance platform TradeAssets. TradeAssets is powered by blockchain technology for digital origination and the distribution of trade assets. As a result UAE based Blockchain trade finance e marketplace TradeAssets has awarded Abu Dhabi Islamic Bank (ADIB), e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace  ADIB has been constantly embracing new and emerging technologies, with the strategic partnership signed last year with TradeAssets further strengthening the efficiency and productivity of businesses.  Commenting on the recognition, Abdulla Shehhi , Global Head International Business Group (IBG), at ADIB, stated, “ADIB is at the cutting-edge of global transaction banking offering end-to-end Sharia’a-compliant trade financing through digital channels. Through the successful implementation of TradeAssets, ADIB