AJIB Goes Live with Oracle Blockchain Platform

  • Blockchain
  • 01.04.2019 07:48 am
 
ICSFS AJIB have successfully executed the first transfer of funds between the Bank's head office in Jordan and Cyprus branch. This successful milestone is one of the first blockchain execution in the MENA region on Oracle Platform, delivering an enterprise-grade blockchain implementation with industry-leading resiliency, scalability and security.

AJIB will now be able to enhance their customer centricity by reducing cost of fund transfers, secure their private information and promptly address their requirements. ICS BANKS Blockchain Adapter users will benefit from such a platform to overcome the challenges they currently face in the current processes in terms of security, delays, faster-automated transactions and the exclusion of third parties. ICS BANKS Blockchain Adapter is integrated with Oracle Blockchain  Service, ICS BANKS Core Banking System and ICS BANKS Digital Banking platform.

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