Tunisian Internet Agency Signs Strategic Partnership With Universa

The report further reveals that the Universa platform will develop additional services and applications. And will integrate them into brand new technological platforms and initiatives like e-certification and the digital economy.

As per the agreement, both the entities will also create joint projects in the blockchain field as a service called BaaS, including digital identity, smart cities, digital currency as well as e-governance.

In early December, Islamic Development Bank Group (IsDB), a Saudi Arabian developmental institution collaborated with iFintech Solutions, a Tunisian startup to build interbank blockchain tools.

The motive behind using blockchain technology for the initiative is due to the relative disadvantage the Islamic banking institutions have on the global stage. And with some banking institutions confined from funding options offered by the international central banks.