Saudi Islamic Development Bank Institute (IsDBI) is collaborating with the blockchain entity SettleMint to develop a Smart Stabilization System (SSS), an algorithm that aims to maintain the stability of assets traded on organized markets, including financial assets or digital currencies. SettleMint has more than 60 Enterprise blockchain implementations worldwide. It offers a full-fledged Blockchain-Platform-as-a-Service solution. IsDBI, as the knowledge beacon of the IsDB Group, leads the development of knowledge-based solutions. The Institute has already secured patents for its three innovative fintech mechanisms with great potential for the financial industry. The objective of the SSS is to help stabilize organized asset markets without compromising efficiency. This is done by managing the gap between supply and demand to reduce the volatility of the price while maintaining the role of the gap in equilibrating the market. The patent-pending Smart Stabilization Syst...