The National Bank of Bahrain (NBB) has signed a memorandum of understanding with Singapore-based blockchain settlement network Partior to assess the feasibility of settling Bahraini dinars on its platform. The partnership aims to evaluate whether NBB can serve as the official settlement bank for the currency using distributed ledger technology.
The agreement covers a comprehensive assessment of the operating model, implementation requirements, and both technical and regulatory feasibility. This initiative marks a significant step toward modernizing cross-border payment infrastructure in the Gulf region through blockchain-enabled settlement solutions.
National Bank of Bahrain Partners with Partior to Explore Blockchain Dinar Settlement
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