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- Through its partnership with Binance, Virtuzone seeks to help drive the use of cryptocurrency and blockchain technology in the country, while playing a key role in the UAE’s Web 3.0 movement.
- Virtuzone Joins JA Resorts and Hotels Majid Futime As a pioneering company in the UAE, they integrated Binance Pay into their system.
DubaiUnited Arab Emirates, August 29, 2022 /PRNewswire/ — The UAE’s leading provider of business formation and enterprise services, Virtuzone, has partnered with Binance, the world’s leading provider of blockchain ecosystem and cryptocurrency infrastructure, to become the first company in the UAE to accept cryptocurrency payments through Binance to conduct Business company pays.
Binance Executive Director of Business Development and Strategic Partnerships Nadeem Ladki and Virtuzone CEO George Hojeige signed the agreement to integrate and implement Binance Pay across Virtuzone’s operational and service infrastructure.
Leading the way in early cryptocurrency adoption, Virtuzone aims to help reduce barriers to entrepreneurship by setting up cryptocurrency-enabled payments for companies, while creating more opportunities for global businesses to tap into the country’s thriving startup community.
Through strategic partnerships, Virtuzone also seeks to advance the use of cryptocurrency and blockchain technology in the country, while playing a key role in the UAE’s Web 3.0 movement.
With this development, Virtuzone has joined the ranks of JA Resorts and Hotels, and Majid Futime As a pioneering company in the UAE, they integrated Binance Pay into their system.
Binance Pay is a proprietary cryptocurrency payment technology designed by Binance to facilitate contactless, borderless and secure cryptocurrency payments and transfers. It supports multiple cryptocurrencies, allows for instant transfers across the globe, and enables user-to-user transfers, eliminating the fees and delays associated with intermediaries or third parties processing transactions.
Neil PageChairman and Co-Founder of Virtuzone, “Our partnership with Binance reflects our commitment to continuing to pursue innovative solutions that will positively impact the UAE’s startup community, while expanding future possibilities and opportunities for Virtuzone and its clients. Working with renowned Web 3.0 technology leaders like Binance, we are at the forefront of digital transformation and the Fourth Industrial Revolution in the UAE and the region.”
Talking about the impact of the partnership on the UAE business sector, George Hojeige, CEO of Virtuzone, Adding: “Our alliance with Binance aims to create more synergies between the business setup and the crypto industry, with the overall goal of creating a crypto-friendly and tech-centric business environment where we can easily Building companies specializing in the crypto industry. Decentralized finance (DeFi), blockchain technology, non-fungible token (NFT) development and trading, etc., further positions the UAE as a key hub for innovation and next-generation technologies.”
Nadim RadjiBinance Executive Director of Business Development and Strategic Partnerships said:
“As a leader in the field, Virtuzone’s decision to accept cryptocurrency payments and integrate Binance Pay into its system raises the bar for innovation and shows the way forward when doing business in the UAE. The ease of using Binance Pay is in Anywhere in the world, coupled with best-in-class security and technology, will greatly appeal to the local and global entrepreneurial community looking to establish a business outside the UAE.”
About Virtuzone:
A virtual group is a Dubai– A holding company formed by Virtuzone, offering free zone and mainland company formation services; Next Generation Equity, offering a range of citizenship and residency by investment programs. With over 100 staff speaking 30 languages, Virtuzone provides impartial advice on UAE company set-up and is an end-to-end solutions provider for a range of business services, from visas and trade licenses to accounting and branding of all content. As the UAE’s leading company formation specialist, Virtuzone removes the complexities of setting up a business, allowing entrepreneurs to focus on what really matters to their company’s success.For more information, please visit www.vz.ae.
About Binance:
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider. Trusted by millions around the world, the Binance platform is dedicated to increasing financial freedom for users and offers an unparalleled portfolio of crypto products and products including: Education, Data and Research, Social Good, Investment and Incubation, Decentralization and Infrastructure solutions, and more. For more information, please visit: https://www.binance.com.
photo: https://mma.prnewswire.com/media/1885347/Virtuzone_Binance_partnership.jpg
SourceVirtuzone
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