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Pakistani Firm to Block Chain-Based FinLit Platform for IsDB

This week, RNS Solutions Private Limited, the leading block chain software development company from Pakistan, Korea, and Singapore, announced a partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & Consultancy Company in Saudi Arabia.

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In addition, as part of the agreement, the consortium (RNS Solutions & Trustedchain) will establish a block chain and artificial intelligence-based financial literacy (FinLit) programme, which will feature a crowd funding lab utilising block chain technology. In addition, the platform will include an interactive fiscal learning management system and economic AI chatbot support systems.

FinLit will simplify down complex financial and finance words, services, and products within the platform. Furthermore, the cooperation will provide financial guidance and information to younger generations that are typically unprepared for the financial demands of the modern world.

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RNS Solutions’ relationship with Trustedchain will promote rapid industrial growth in the larger MENA area. RNS Solutions has been operating in Asia for many years on a social and global scale. Linked to blockchain and software, the cooperation with RNS Solutions will position Asia and MENA as leaders in the blockchain development competition.

The highly anticipated FinLit software development platform is expected to revolutionise the access, processing, and support of financial education around the globe.

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