About Us

The Company

Leadership Vision

The adoption of this technology will reflect on the quality of life in the UAE and will enhance happiness levels for citizens. 50 percent of government transactions on the federal level will be conducted using Blockchain technology by 2021... This technology will save time, effort and resources and enable individuals to conduct most of their transactions in a timely manner that suits their lifestyle and work.

His Highness Sheikh Mohammed Bin Rashid AL Maktoum

Our Story

Ali Sajwani

Founder & CEO

Former Group CIO at Emirates NBD.

5 years in Oil & Gas, 13 years of experience in Banking and Finance.

Abdul Husein

Co-Founder & CTO

Former Blockchain COE Lead at Emirates NBD.

Core Banking Expert and 12 years of experience in Software, Banking and Finance.

Technology Experience

Current References

In it’s one year of incorporation our company has been working on the following initiatives

Blockchain Academic Certificate

In Progress

In progress and on track to complete by Q3 2019.

We have been awarded the project to issue academic credentials on Blockchain for a major university in the UAE.

With the implementation of our product ‘Shahada’ the Graduation certificates for all students will also be issued on Blockchain. The employers can easily verify the authenticity of the certificates by Blockchain verification.

It will help tackle issues of fraudulent certificates and make the process of verifying very simple.

Blockchain Platform: Hyperledger Fabric v1.4

Trade Eco-System

In Progress

PoC deployed to create a blockchain network.

We are working with multiple organizations across the UAE on a Blockchain solution which will connect all the participants in the Trade Eco-System.

This use case cuts across different business and organizations and aims to simplify business processes involving multiple organizations.

Blockchain Platform: Hyperledger Fabric v1.4

Smart Dubai Payments Study

In Progress

Research study

This is research study commissioned to us with an objective to create the next stage of payments. It aims to streamline reconciliation and settlement between government organizations saving several man hours and paper in the process.

Blockchain Platform: Not Decided

Smart Cheque

Discussion Stage

Requirement Analysis

Our Smart Cheque product is a unique offering which is a next-gen digital instrument which replaces the paper cheque.

This solution relies on Blockchain Smart contracts to provide ‘Promise to Pay’ feature of the paper cheque.

Blockchain Platform: Ethereum (Quorum, Private)

Past References

The below projects are the past references of the core GrapeTech team (as part of Emirates NBD Bank team in Dubai).
These references reflect upon our teams’ capability to deliver Enterprise Grade, Production Blockchain solutions.

Emirates NBD & ICICI Bank Payments

Live in Production (Limited customers)

Launched : Q3 2016

This was the first project in the region to be launched in Production. It was a collaboration between Emirates NBD & ICICI Bank to streamline remittances from UAE to India.

This helped the Bank achieve transparency and operational efficiency.

The project was awarded Garner innovation award in 2017 for being one of the first and innovative project launched in production.

Blockchain Platform: Bitcoin

Cheque Security

Live in Production (Launched for all ENBD and EI customers)

Launched: Q4 2017

This project is one of the few Blockchain solutions in the world which have been launched to customers at a full scale. All ENBD & EI customer have Cheque books with QR code printed. The QR code on each cheque leaf is unique and can be verified against Blockchain records.

The solution was designed and developed from ground up by the team. It addresses a key cheque fraud in the region and has been acknowledged by UBF and CB of the UAE.

Blockchain Platform: Ethereum (Quorum, Private)

Ripple Payments

Proof of Concept

Launched: Q1 2017

Ripple is one of the leading payment players in the Blockchain space. Emirates NBD ran a pilot to explore how the technology can help optimize payments across its various geographical locations.

Blockchain Platform: Interledger by Ripple

Property Leasing in Dubai

Integrated Pilot (with 7 Govt. and Private Orgs.)

Launched: Q3 2017

This project is one of the few Blockchain solutions in the world which have been launched to customers at a full scale. All ENBD & EI customer have Cheque books with QR code printed. The QR code on each cheque leaf is unique and can be verified against Blockchain records.

The solution was designed and developed from ground up by the team. It addresses a key cheque fraud in the region and has been acknowledged by UBF and CB of the UAE.

Hyperledger Fabric v1.0

The Core team

Abdul Husein

Chief Technical Officer

Sidharth Srivastava | Grapetech

Sidharth Srivastava

Blockchain Developer

Siv Sugaman | Grapetech

Siv Sugaman

Sr.Software Engineer

Siv Sugaman | Grapetech

Vishal Gadde

Lead Architect