Page 78 - ETIHAD CREDIT INSURANCE PR REPORT - FEBRUARY 2025

2/5/25, 9:04 AM Etihad Credit Insurance Integrates with KYC Blockchain Platform | Arabian Post
The ECI’s blockchain initiative also promises to have broader implications for the insurance industry in
the UAE and beyond. Insurance companies have long faced challenges related to fraud and

regulatory compliance. With blockchain’s potential to offer transparent and tamper-proof records, the
platform could drive significant changes in how insurers conduct their operations. Moreover, it could

encourage more insurers to explore blockchain solutions, further accelerating the sector’s digital
transformation.

This development positions ECI as a trailblazer within the UAE’s rapidly expanding blockchain
ecosystem. As more companies begin to realize the benefits of blockchain for KYC and other

operations, the region could see even greater adoption of this technology. By taking this bold step, ECI
not only enhances its own operational capabilities but also contributes to shaping the future of

blockchain in the global financial services landscape.

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