Tunisian Internet Agency Signs Strategic Partnership With Universa

The Tunisian Internet Agency (ATI) has signed a strategic partnership with a Russian blockchain platform Universa.

The ATI has signed a ten-year renewable strategic partnership with Universa to offer hosting services for the platform and to help in its further growth.

However, the agreement sets up a range of targets, and one among them is the ATI will build value-added services in the blockchain field, digitization of paperwork and in the digital economy.

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.