Page 48 - ETIHAD CREDIT INSURANCE PR REPORT - FEBRUARY 2025

2/7/25, 9:38 AM Etihad Credit Insurance Joins UAE KYC Blockchain Platform

Boosting Business Efficiency with Blockchain

By joining the KYC Blockchain Platform, ECI aims to accelerate the process of verifying customer
identities, reducing time and costs associated with traditional verification methods. The
platform, developed with norbloc’s Fides solution, will create a single version of truth for
customer profiles, ensuring accurate, reliable, and secure data exchange among financial
institutions, insurance companies, and other entities. The platform’s expansion aligns with the
UAE’s vision to strengthen its digital economy and reinforce its status as a leading global
financial hub.

Etihad : A Commitment to Digital Transformation

Her Excellency Raja Al Mazrouei, CEO of ECI, highlighted the strategic importance of this
collaboration: “Joining the KYC Blockchain Platform will enhance operational efficiency and
enable ECI to better support businesses involved in UAE export and re-export operations.” Al
Mazrouei also stressed that this partnership reinforces ECI’s commitment to utilizing state-of-
the-art technologies to drive innovation and improve customer experience.

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