Six Commercial Banks from KSA and UAE to participate in Aber digital currency POC

The UAE Central Bank in Al Eqtisadiah newspaper announced that six commercial banks, three from UAE and three from KSA will be participating in the joint digital currency project “Aber”. The Project which is currently in POC (proof of concept) will be completed in the next 12 months.

This comes just after SAMA and UAE Central Bank announced the Aber project a week ago.  

UNLOCK also published recently that IBM is part of the Aber project following a tweet of one of IBM key executives in the MENA region.