{"id":630734,"date":"2018-04-30T04:15:34","date_gmt":"2018-04-30T04:15:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/"},"modified":"2018-04-30T04:15:34","modified_gmt":"2018-04-30T04:15:34","slug":"nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/","title":{"rendered":"NBE to explore commercial application of blockchain tech as part of R3 consortium"},"content":{"rendered":"

The National Bank of Egypt (NBE) has joined the R3 Blockchain Consortium, which aims \u201cto explore commercial applications of blockchain technology,\u201d according to BTC Manager<\/a>, which describes the move as a \u201cbid to encourage cryptocurrency and blockchain adoption in Egypt.\u201d NBE staff will be trained to work with R3\u2019s custom-developed software Corda.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt (NBE) has joined the R3 Blockchain Consortium, which aims \u201cto explore commercial applications of blockchain technology,\u201d according to BTC Manager, which describes the move as a \u201cbid to encourage cryptocurrency and blockchain adoption in Egypt.\u201d NBE staff will be trained to work with R3\u2019s custom-developed software Corda.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630734","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"96e5cbda-35d7-4702-ba57-ebd42addd58b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"NBE to explore commercial application of blockchain tech as part of R3 consortium","related_issue":[630697],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e4a2afd1-bbb5-4ff1-b8f6-47bbd9a5aa59.mp3"},"yoast_head":"\nNBE to explore commercial application of blockchain tech as part of R3 consortium - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE to explore commercial application of blockchain tech as part of R3 consortium\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt (NBE) has joined the R3 Blockchain Consortium, which aims \u201cto explore commercial applications of blockchain technology,\u201d according to BTC Manager, which describes the move as a \u201cbid to encourage cryptocurrency and blockchain adoption in Egypt.\u201d NBE staff will be trained to work with R3\u2019s custom-developed software Corda.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-30T04:15:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE to explore commercial application of blockchain tech as part of R3 consortium\",\"datePublished\":\"2018-04-30T04:15:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\"},\"wordCount\":66,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\",\"name\":\"NBE to explore commercial application of blockchain tech as part of R3 consortium - 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The agreement is meant to expedite the process\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600012,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/nbe-qnb-bm-consortium-to-arrange-loan-for-egypts-abu-qir-fertilizers\/","url_meta":{"origin":630734,"position":2},"title":"NBE, QNB, BM consortium to arrange loan for Egypt\u2019s Abu Qir Fertilizers","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"A banking consortium comprised of the National Bank of Egypt, QNB Al Ahli, and Banque Misr has pledged to arrange financing for state-owned Abou Qir Fertilizers\u2019 c. EUR 80 mn project to upgrade its mixed fertilizers facility, the company said in an EGX disclosure (pdf).","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629830,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/oilex-to-borrow-egp-1-5-bn-from-banks-consortium-including-cib-and-nbe\/","url_meta":{"origin":630734,"position":3},"title":"Oilex to borrow EGP 1.5 bn from banks consortium including CIB and NBE","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"Oil extraction company Oilex has reached an agreement which would see it borrow EGP 1.5 bn from a banking consortium that includes CIB, NBE, and Banque Misr, Al Shorouk reports. The company will use the loan to establish an EGP 2 bn industrial complex in Sadat City, which will include\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632087,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/ebrd-led-consortium-agrees-to-renew-and-increase-value-of-nbe-loan-to-usd-750-mn\/","url_meta":{"origin":630734,"position":4},"title":"EBRD-led consortium agrees to renew and increase value of NBE loan to USD 750 mn","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"A global banking consortium led by the European Bank for Reconstruction and Development (EBRD) has agreed to renew and increase the value of a loan agreement with the National Bank of Egypt to USD 750 mn, sources close to the matter told Al Mal. The new agreement will be signed\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639562,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/nbe-in-talks-to-renew-increase-borrowing-from-international-institutions-to-usd-600-mn\/","url_meta":{"origin":630734,"position":5},"title":"NBE in talks to renew, increase borrowing from international institutions to USD 600 mn","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"The National Bank of Egypt (NBE) is in talks with a consortium of international financiers to renew and increase a loan to it to USD 600 mn, sources told Al Mal. 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