UAE’s DIFC is home to new blockchain tokenisation platform

uae difc blockchain platform tokenisation
UAE

UAE’s DIFC is home to new blockchain tokenisation platform

UAE-based digital assets and blockchain technology Zeniq has launched a blockchain tokenisation platform in Dubai. Zeniq, based in the Dubai International Financial Centre (DIFC), is looking to make “the UAE a pioneering global market and a go-to destination for 100 percent secure and user-friendly digital asset management for users and innovators alike,” according to a press release. Sheikh Saeed Bin Hasher Al Maktoum, who is a partner on the project, said “We are in line with the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President & Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a city that is fully-powered through the blockchain.” The rise of awareness and demand for non-volatile cryptocurrencies, digital assets, reliable blockchain and decentralized finance applications (aka De-Fi Apps) in the UAE and across the world, has proportionally ignited concerns about risk, compliance, the environment and safety. Farhad Shagulyamov, co-founder of Velas, outlines his vision for how the blockchain can revolutionise every economic sector and explains how the Swiss-based tech firm is building an ecosystem that brings together the best aspects of centralised and decentralised solutions Zeniq’s new platform will allow its users access to liquidity in the DIFC,…