Blockchain trade finance platform for banks in the UAE, UAE Trade Connect, an e&enterprise company has announced that it has surpassed $27 million in transactions identifying interbank duplicate financing and preventing fraud attempts. According to their LinkedIn post , “ This accomplishment serves as a testament to the unwavering dedication and commitment of the 12 leading banks in our consortium to combat fraud in real-time. As we move forward, we remain committed to continuously improving our platform's capabilities and staying ahead of evolving #fraud tactics.” UAE Trade Connect includes the following UAE banks, Abu Dhabi Commercial Bank, ADIB - Abu Dhabi Islamic Bank, Al Masraf, Commercial Bank of Dubai, Commercial Bank International, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank (FAB), Mashreq Corporate & Investment Banking Group, National Bank of Fujairah, RAKBANK and United Arab Bank . UAE Trade Connect   is seeking   to offer its solution to Saud