Blockchain is an important leap in technology that Egyptian companies should study thoroughly, Ibrahim Mostafa writes for Al Borsa, arguing that we must keep up and look ahead at how it will shape the global banking sector down the line. He notes that blockchain technology allows financial transactions to take place directly between two parties, without a banking intermediary, and protects each party’s data. Mostafa reminds readers that the technology is not synonymous with virtual currencies such as bitcoin, which the CBE has warned against.

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