{"id":5646,"date":"2025-08-11T16:59:01","date_gmt":"2025-08-11T11:59:01","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=5646"},"modified":"2025-08-11T16:59:01","modified_gmt":"2025-08-11T11:59:01","slug":"allied-bank-partners-with-cedar-lums-to-drive-innovation-in-blockchain-technologies","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=5646","title":{"rendered":"Allied Bank Partners with CeDAR, LUMS to Drive Innovation in Blockchain Technologies"},"content":{"rendered":"

Allied Bank, one of Pakistan\u2019s leading commercial banks, has signed a Memorandum of Understanding (MoU) at Lahore University of Management Sciences (LUMS) with the Center for Digital Asset Research (CeDAR)<\/a>. This strategic partnership aims to drive innovation in blockchain technologies, explore digital asset use cases, and foster talent development in Pakistan.<\/p>\n

The MoU was formalized in the presence of senior leadership from both institutions. Representing Allied Bank were Mr. Mujahid Ali \u2013 Chief Technology & Digital Transformation, Mr. Mohsin Mithani \u2013 Chief Digital Officer, and Mr. Muhammad Zaman \u2013 Group Head, Digital Transformation & Innovation. From LUMS, attendees included Dr. Tariq Jadoon \u2013 Provost, Dr. Zartash Afzal Uzmi \u2013 Principal Investigator, Dr. Basit Shafia \u2013 Co-Principal Investigator, and Mr. Ali Khawaja \u2013 Director.<\/p>\n

Through this collaboration, Allied Bank and CeDAR will jointly pursue cutting-edge research, launch blockchain-based pilot initiatives, and co-develop tailored training programs to equip the next generation with expertise in emerging technologies. This initiative aims to bridge the gap between academia and industry, accelerating Pakistan\u2019s digital transformation<\/a> in the financial sector.<\/p>\n

This engagement underscores Allied Bank\u2019s continued commitment to embracing emerging technologies and nurturing strategic industry-academia partnerships to shape the future of banking in Pakistan.<\/p>\n

Partner Organizations<\/h2>\n

Allied Bank is one of Pakistan\u2019s leading commercial banks, offering a comprehensive suite of financial products and services to individuals and businesses. With a strong focus on innovation, customer satisfaction, and digital enablement<\/a>, the Bank continues to drive transformation through cutting-edge technologies and AI-powered platforms.<\/p>\n

Lahore University of Management Sciences (LUMS), a prestigious institution widely recognized for driving innovation and fostering cross-sector partnerships has developed a Center for Digital Asset Research (CeDAR) as a platform connecting academia, government, and industry. It focuses on addressing challenges like advance research on blockchain and digital assets<\/a>, financial inclusion, and citizen empowerment, while supporting policymakers in shaping clear, effective, and responsible regulations for sustainable adoption.<\/p>\n","protected":false},"excerpt":{"rendered":"

Allied Bank, one of Pakistan’s leading commercial banks, has signed a Memorandum of Understanding (MoU) at Lahore University of Management Sciences (LUMS) with the Center for Digital Asset Research (CeDAR). This strategic partnership aims to drive innovation in blockchain technologies, explore digital asset use cases, and foster talent development in Pakistan. The MoU was formalized […]<\/p>\n","protected":false},"author":1,"featured_media":5647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1194],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t