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2/5/25, 9:03 AM Etihad Credit Insurance Joins UAE's KYC Blockchain Platform

Business

Feb 03, 2025 202 20

Etihad Credit Insurance Joins UAE's KYC

Blockchain Platform

Etihad Credit Insurance (ECI), the UAE’s federal export credit agency, has become the first entity in
the insurance sector to join the KYC Blockchain Platform. Spearheaded by the Dubai Department of

Economy and Tourism (DET), this initiative aims to enhance ease of business, strengthen Know Your
Customer (KYC) compliance, and improve customer data quality through blockchain-driven
verification.

Her Excellency Raja Al Mazrouei, CEO of ECI, emphasized the agency’s commitment to leveraging

blockchain technology to streamline verification processes and unify procedures. “Joining the UAE’s
KYC platform is a significant milestone for ECI. This step will optimize services, increase operational
efficiency, and enhance business engagement in UAE export and re-export operations across regional
and global markets,” she stated.

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