Blockchain is a technology for a new generation of transactional applications that establishes trust, accountability and transparency while streamlining business processes. Being the world’s first ultimate leader to innovation and introduction of high- tech business, UAE now eager to lead the way in the FinTech sector and usage of blockchain technology in the Middle East
Abu Dhabi Global Market has released a consultation paper in which it detailed its plans to create a sandbox environment for FinTech under which startups would be allowed to work under a flexible regulatory framework for up to two years. In Dubai, more than 30 regional startups, government agencies and regional enterprise businesses have come together so far this year to begin working on proofs-ofconcept with the technology.
So, it is no wonder that the heart of blockchain is beating now in UAE, and no wonder UAE will host the most anticipated technology event – Bitcoin Conference Abu Dhabi 2016.
Learn how blockchain will fundamentally change the way we do business.
– MEANS OF BLOCKCHAIN AND OPPORTUNITIES FOR IT
– IMPLEMENTATION IN SPHERES OF:
1. TRADE FINANCE and INTERNATIONAL PAYMENTS
2. SMART CONTRACTS
3. CAPITAL MARKETS