The Future Blockchain Summit serves as a meeting point for the world’s most disruptive business technology trends, where industry experts can leverage countless networking opportunities, an expert conference programme and workshops to explore distinct themes.
The event will feature one-on-one networking sessions for the guests where they will get to interact with some of the Bitcoin industry’s thought leaders.
Abdulla bin Touq Al Marri, the country’s Minister of Economy, says legally-binding agreements can be signed in the metaverse, and 24/7 customer care support can be accessed at the virtual office.
The Middle East looks forward to wider adoption of distributed ledger technology in global finance as it becomes the first region to use the system to fastrack transactions in the automobile industry.
Muhammad Salman Anjum, who heads the BSV Hub in Dubai, has met with presidents and government dignitaries in the region to talk about BSV, but he says it’s the results that matter most.
The principles issued by the FSRA hint toward innovation in the digital asset sector, and on top of its list is to create a framework aligned with the practices of international financial services.
Qatar begins the modernization of its FinTech sector with the issuance of the first digital payment licenses, but it remains firm against the adoption of digital currencies.
The VARA rules cover all digital asset-related communications leveraging Dubai-based media sites, search platforms, and publishing channels that target customers within the Emirate.
The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
The plan is also in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to transform Dubai into a global capital of advanced technologies, primarily AI and Web3.
Apart from exploring investment opportunities in the blockchain space, the QIA is also looking to expand its portfolio with investments in Africa, Europe, and the automotive sector.
BitOasis disclosed laying off about five percent of its employees, which the CEO and Co-Founder, Ola Doudin, said is equivalent to nine employees across its offices in Dubai, Abu Dhabi, and Amman.
