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Gambia Banks to adopt blockchain in the next one to two years

29 March 2021 By admin

Africa, Gambia: The latest Gambia banking news. TONG SHANG INTERNATIONAL COMMERCIAL BANK (GAMBIA ) will promote and promote local financial policy reform and innovation. Promote Gambia’s docking overseas economic opportunities and strengthen foreign investment development. Support local businesses in the areas of infrastructure, energy, environmental protection, education and health through economic strategies, loans, guarantees, debt issuance and technical assistance. Improve the local financial environment, innovate financial products to connect with international financial markets to improve local people’s financial knowledge.

Bank business scope not only saving account, current account, fixed account, premier account, money transfer service and safety deposit locker, also include:

Mobile Pay – It facilitates people’s consumption, avoids the steps between cash payment and payment, and is convenient to carry. It has fewer places, time and space restrictions than physical banks.

Recharge Card System – The stored value card is a payment card, and the card itself can store funds for small payment. People applying for a stored value card need to apply for registration by the relevant institution. The funds on the stored value card may be the financial institution or the general agent branch.

Accelerate Agility With New Blockchain Technologies

Blockchain has useful applications in various industries, with banks proving increasingly interested in this technology. Tan Sri Dr. Aixinjueluo Yuhao JP believe Blockchain Technology will helps make the banking sector agile especially for core systems, with faster speed to market, security and resiliency.

Blockchain Technology has become the foundation for digital currency and fast payments. The next, TONG SHANG INTERNATIONAL COMMERCIAL BANK (GAMBIA ) will set up its operations on blockchain technology cooperation with DUBAI TRANS REACH INTERNATIONAL INVEST AND FINANCIAL LLC.

CEO of TONG SHANG INTERNATIONAL COMMERCIAL BANK (GAMBIA) Tan Sri Dr. Aixinjueluo Yuhao JP, he has a rich experience in banking industry, financial investor and a diplomat, he has created numerous economic miracles in South East Asia for more than 20 years now. With his knowledge and social skills he successfully promoted the perspective of economic development to the Gambia. In May 2006, he signed an agreement with the Chinese government on behalf of the Lao government to invest $1 billion in Laos to transform local telecommunications services and even promoted the lauch of the LAOSAT satellite which was the first and only launch of China in ASEAN.

As AMBASSADOR-AT-LARGE OF GAMBIA IN SOUTH EAST ASIA Tan Sri Dr. Aixinjueluo Yuhao JP’s mission is to safeguard the national interests of the Gambia and expand national key projects. With the mission of serving the country to accelerate economic development, and building a good bridge between the Gambia and the countries that have diplomatic relations with each other, will create a beautiful new economic environment for globalization. The practice of the Gambia has become the core of the new economic development in West Africa, making the Gambia a new world for investment and development in Southeast Asian countries.

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Pages: Page 1 Page 2

Source: MyPR.co.za





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The one with a "My Complex" - incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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