Metaverse gets a boost in Saudi Arabia with The Sandbox partnership
The memorandum of agreement was signed at the Leap Tech Conference 2023 in Riyadh between The Sandbox metaverse firm and Saudi Arabia’s Digital Government Authority (DGA).
Latest Saudi Arabia News
Saudi Arabia’s central bank studying CBDC but mum on deployment date
Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications of a potential launch and a brief foray into the technical aspects.
Middle East automotive sector logs first digital asset financing transaction
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.
Saudi Arabia central bank hires digital asset expert to grow industry
Saudi Arabia is betting on a digital asset expert to spur the adoption of digital currency and, at the same time, transform the country into a digital assets and tech hub.
UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links
The U.K. national is detained in Saudi under the request of the U.S. government after they were identified as having partnered with Ethereum developer Virgil Griffith to organize a North Korea event.
Government and enterprise applications on the blockchain are game changer
Middle Eastern countries and their local firms are already proving that blockchain use in gov’t and enterprise applications is revolutionary. Who’s next?
Ahmed Yousif on CoinGeek Backstage: We’re educating governments about the power of blockchain
Ahmed Yousif revealed that he has been in talks with government officials on how implementing blockchain can improve their countries, saying that Middle East is fast adapting to the technology.
Dr. Turki Alamro on CoinGeek Backstage: We’ve learned a lot about how blockchain can change lives
The BSV Blockchain Seminar was held at the Wadi Makkah Incubator, with speakers sharing how the BSV blockchain could enable digital transformation initiatives within Makkah and in Saudi Arabia.
Dr. Basim Zafar on CoinGeek Backstage: We want to help Saudi innovators build on BSV blockchain
Dr. Basim Zafar, the chairman of Experts Vision Consulting, joined CoinGeek Backstage to talk about why he is backing the BSV blockchain to become the data ledger for the future of Saudi Arabia.
B Venture Studio launching in Saudi Arabia, Jimmy Nguyen announces on CoinGeek Backstage
Jimmy Nguyen, founding president of the BSV blockchain’s association, announced that they have partnered with a Saudi firm to launch an incubator for blockchain startups, with a focus on the BSV blockchain.
LEAP 2022: BSV blockchain use cases showcased in Saudi Arabia
Future, disruptive technologies were the main focus of LEAP, precisely why there was a BSV blockchain presence at the event, both in terms of speakers and attendance.
Saudi Arabia exploring blockchain and CBDC to reduce cash usage
Saudi Arabia Monetary Authority has been active in CBDC research as it seeks to digitize payments, although it has no intention of completely curbing cash use.