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2/18/25, 8:33 AM Etihad Credit Insurance Becomes First Insurer to Join UAE's KYC Blockchain Platform
tihad Credit Insurance Becomes First Insurer to Join UAE’s KYC Blockchain Platform

Etihad Credit Insurance Becomes First

Insurer to Join UAE’s KYC Blockchain

Platform

Enhancing Compliance and Business Efficiency

by Kelly Cromley Feb 3, 2025 in Market News, News Reading Time: 2 mins read 0

Etihad Credit Insurance (ECI), the UAE’s federal export credit agency, has become the first insurer to
join the KYC Blockchain Platform, an initiative spearheaded by the Dubai Department of Economy and
Tourism (DET). The project is designed to facilitate business operations, enhance Know Your

Customer (KYC) compliance, improve customer data quality, and support the platform’s expansion as
a trusted data-sharing ecosystem.

The Chief Executive Officer of ECI, Her Excellency Raja Al Mazrouei, emphasized that this
development represents a significant milestone for the agency. She indicated that integrating into the
platform would enhance the efficiency of identity verification processes and establish standardized

procedures through blockchain technology. She reiterated ECI’s dedication to employing advanced
technologies in collaboration with stakeholders to optimize services, increase operational efficiency,

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