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World Blockchain Summit Creates Opportunities for Crypto and Metaverse Innovators

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The Dubai World Blockchain Summit will be held at Atlantis, The Palm from October 17th to 19th. It is one of the most elite gatherings of the global crypto and blockchain ecosystem.

Dubai has its sights set on becoming a global tech hub by attracting entrepreneurs, investors and even crypto influencers, as the industry’s market cap hits $1.4 trillion, up 86% year-on-year, and the Middle East’s blockchain market is expected to be worth $3.2 billion by 2023 .

The UAE has embarked on crypto regulation over the past year, issuing more than 30 exchange licenses and establishing a dedicated regulatory body. But will the UAE’s new regulatory structure make the market grow faster? Can the UAE government regulate cryptocurrencies quickly and efficiently? The World Blockchain Summit aims to answer the most pressing questions and bring together industry experts and thought leaders to understand what the future of blockchain and cryptocurrencies looks like – not just in Dubai, but around the world.

In line with Dubai’s vision to be a global Web3 hub, leading supporter and provider of a regulatory framework for digital assets, the summit will feature presentations, use case studies and educational sessions by global technology providers who will showcase their use of enabling businesses and organizations to adopt blockchain and The main focus of encryption solutions.

Mohammed Saleem, Founder of World Blockchain Summit, said: “The UAE government’s focus on blockchain is evident and has launched various initiatives and businesses related to the technology. The event will focus on the UAE’s adoption of blockchain in various industries and Prospects in terms of technological and regulatory advancements.”

Copyright © 2022 Khaleej Times. all rights reserved. Provided by SyndiGate Media Inc. (Syndicate information).

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