It is not surprising that a Blockchain Fintech startup such as Abu Dhabi based Pyypl would raise $20 million in its Series B round from new and existing investors. Since its inception UAE based Pyypl with offices out of Hub71, has not only advocated financial inclusion but has built its technology to ensure it. It was name the one of the top 37 crypto startups to watch in 2022 by Techround UK. About 22 per cent of the GCC's population is unbanked, compared with 60 per cent in North Africa, according to a report by consultancy Strategy&. Blockchain enabled Pyypl provides digital payments and financial services for all smartphone users to carry out online transactions, without the need for a bank account or credit card.   Pyypl uses advanced Artificial Intelligence (AI) and Machine Learning (ML) for regulatory compliance, Anti Money Laundering (AML) and Counter Terrorism Financing (CTF). They are a full blockchain-native financial services backend-platform, ...

  Ahmed al Marjeby and Mahmood al Lawati have developed a blockchain enabled digital identity platform out of Oman. Nashid, the blockchain enabled digital identity platform is aimed to mitigate the risks of identity fraud. Nashid has  also secured a pre-seed investment as part of the Techween program from Oman Technology Fund As per the news, Oman based Nashid will allow users to access services digitally without visiting any service provider ever again. In 2020 alone, identity theft and fraud cost over $700 billion in losses worldwide The platform will allow the creation of a secure digital version of one’s identity and their attributes. The need for in-person verifications will cease, usernames and passwords will disappear, and a frictionless, online-only user journey will take place. Nashid is powered by the Blockchain to maintain the truth of all digital interactions with high levels of online security and credibility. It also is fueled by encryption models of hash...