The UAE's Ministry of Tolerance and Coexistence said in a statement that Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, visited Al Maryah Community Bank’s (Mbank) headquarters in Abu Dhabi.
During the visit, bin Mubarak reviewed the products, services, achievements, future plans and initiatives of the UAE Bank, the Ministry of Tolerance and Coexistence said in a statement.
He was briefed on Mbank’s wallet work and welcomed the initiative, the release said.
Mbank is the UAE’s first national digital wallet using decentralized blockchain technology, augmented with QR technology and connected to the local payment system.