Dubai becoming a Blockchain hub for the Gulf region – MENAFN.COM

Dubai becoming a Blockchain hub for the Gulf region – MENAFN.COM

(MENAFN- Khaleej Times) Dubai emerged from the sands to eventually become a hyper-connected business hub connecting all parts of the world in a unified effort to maintain a forward-looking ecosystem and its constant growth.

One of the building blocks of Dubai's current status as the region's tech and business hub is its attitude towards blockchain, a technology that now powers the global digital development.

Blockchain hype has its ups and downs. Digital assets and cryptocurrencies enjoy friendly regulatory frameworks and adoption in one jurisdiction while suffering from national bans and lawsuits in another. But some things stay the same: people and companies actively explore, and the technology remains immutable, secure and transparent, bringing a pack of use cases on the global table of digital innovation.