Saudi Arabia: Central Bank Uses Blockchain to Inject Liquidity Into Local Banks

Saudi Arabia’s central bank – the Saudi Arabian Monetary Authority (SAMA) – announced that it recently deposited part of its liquidity injections to local banks via a blockchain-powered system. Saudi Central Bank Uses DLT for Banking Operations In an announcement dated June 8, 2020, the SAMA revealed that it would leverage distributed ledger technology (DLT) to inject
Source: Saudi Arabia: Central Bank Uses Blockchain to Inject Liquidity Into Local Banks