Blockchain to disrupt business models, transform the future – report

  • Date: 27-Oct-2022
  • Source: Gulf Business
  • Sector:Technology
  • Country:UAE
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Blockchain to disrupt business models, transform the future – report

Crypto Oasis, the region’s leading blockchain ecosystem, has been expanding at an unprecedented rate over the past year. Crypto Oasis, which was named to stand out against the likes of Silicon Valley and Crypto Valley, was launched in Dubai, in April 2021. Today, it is home to more than 1,300 organisations in the UAE alone. The forecast is to identify over 1,500 established organisations across the region by the end of 2022. The ecosystem is a collaborative platform for investors and collectors, startups and projects, corporates, science and research institutions, service providers and government entities and associations, who recognise blockchain as a potentially transformative technology with the ability to improve returns and disrupt existing business models. Crypto Oasis — in partnership with Roland Berger — recently launched a comprehensive report to share valuable insights into some of the notable blockchain initiatives in UAE, and highlights its key pillars, including talent, capital and infrastructure. The inaugural highlights the confluence of blockchain activities in the UAE, underpinning Crypto Oasis’ role as a regional and key hub for blockchain and fintech innovation. The is a periodic report, which will be published bi-annually, focusing on market development and emerging technologies such as blockchain, IoT