The UAE has embraced blockchain technology as a powerful force for business. The recently unveiled Blockchain Strategy 2021 aims to host up to 50 percent of all government transactions on a blockchain platform in order to cement the UAE’s status as one of the world’s most advanced economies and underline its preparedness to adapt to and grow alongside future technologies.
With both strong backing from the government as well as great interest from its flourishing business sectors, Dubai is poised to emerge as a global hotspot and leader for innovative blockchain applications. From payment transactions and supply chain management to proof of provenance and tokenised commodities, blockchain can help transform and optimise business processes across countless industries.
Why Dubai & UAE is Perfect for Your Business:
Centrally located in the Gulf region, Dubai gives you access to 65% of the world’s GDP in 8 hours or less with state-of-the-art air and infrastructure systems. Leverage the Sunday to Thursday working week and connect to a global market.