Franzua Rudder on the blockchain revolution and its impact on Dubai

  • Date: 03-Mar-2022
  • Source: Khaleej Times
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Franzua Rudder on the blockchain revolution and its impact on Dubai

Published: Thu 3 Mar 2022, 11:50 AM

Blockchain technology is rapidly gaining popularity in Dubai and across the Emirates. From money transfers and financial exchanges to insurance, real estate or medical services, the possibilities are seemingly endless for this new, digital database. According to Finances Online, the size of the global blockchain market saw double-digit growth in 2020, with companies such as Bitcoin and Square leading the way in terms of bringing in revenue from the technology.

BikData is also leading the charge in the blockchain space, by being both scalable and sustainable while integrating their systems into businesses’ everyday practices. The company was founded by Ayman Kabalan and Franzua Rudder — a match made in blockchain heaven. Kabalan serves as BikData’s inventor and lead technologist. He spent 14 years focusing on developing businesses on a global scale. Rudder scaled businesses through 20 different countries, and has an extensive knowledge of blockchain. Together, the pair takes each client to higher levels of success with each transaction.

Typically, companies have to store large amounts of data, which puts them at major risk of a breach. With BikData’s innovation, the data is submerged under several layers of encryption, protecting from breaches while simultaneously allowing for