RTA’s Vision Meets SmartCrowd’s Readiness: Advancing Tokenization of Real-World Assets
Blockchain technology holds significant potential for disrupting established markets and expanding distribution opportunities, particularly for retail investors. However, regulatory considerations often arise when projects target retail investors, emphasizing token security and investor protection. Institutional support currently appears more robust. Yet, a common question persists: why pursue tokenization? The immediate benefits may not be readily apparent, […]
Tim Draper: Why Dubai and Abu Dhabi Are Winning the Crypto Race
We had the opportunity to spend time with Tim Draper during Paris Blockchain Summit and the AIM Summit in London where Unlock Blockchain is a media partner and episodes of the show ‘Meet the Drapers’ were recorded. During an exclusive private roundtable in London moderated by Zachary Cefaratti, Venture Partner at Draper Associates and founder of AIM Summit, Tim […]
Decentralized Storage Takes Root: Serenity Shield Chooses Oman for First Facility
Serenity Shield, a blockchain-powered decentralized data storage company, announced on May 20, 2024, that Muscat, Oman will be the location of its first storage facility. This marks the initial launch of a global network aiming to offer an alternative to centralized cloud storage solutions for data, including that used by artificial intelligence (AI) applications. Concerns […]
InvoiceMate and 24SEVEN Partner to Revolutionize Retail Supply Chain in UAE with Blockchain and AI
InvoiceMate, the pioneering blockchain and AI-powered invoice financing enabler, has formed a significant partnership with the rapidly expanding retail technology provider 24SEVEN. This collaboration aims to enhance the retail supply chain across the UAE by integrating retail and payments data with cutting-edge blockchain financing solutions, potentially boosting financial inclusion for thousands of SMEs. Small and […]
Saudi Arabia Poised for a Cautious Leap into Web3: Gaming, Innovation, and BRICS Influence
Driven by its ambitious Vision 2030 plan for economic diversification, the kingdom of Saudi Arabia is strategically entering the Web3 space. This move extends beyond domestic ambitions, potentially impacting its role within the BRICS economic bloc. Here’s a breakdown of this evolving narrative. A Measured Approach to Web3 Adoption: Saudi Arabia isn’t rushing into Web3. […]
Adaverse Invests in Sorbet: Pioneering Web3 and Freelance Innovation in Saudi Arabia
Adaverse, Saudi Arabia’s premier Web3 and blockchain fund, has made headlines with a strategic investment in Sorbet, an innovative Web3 platform set to revolutionize the future of work in the MENA region. This groundbreaking investment is part of a $10 million initiative aimed at fostering venture-building and aligns seamlessly with the region’s projected digital economic […]
Turkey Introduces Bill to Regulate Crypto Assets Amid FATF Review
Turkey has introduced a legislative proposal aimed at mitigating the risks associated with transacting with crypto assets within the country. This proposal, presented to parliament by ruling party chairman Abdullah Güler, encompasses various regulations concerning crypto assets and will be enforced by the Capital Markets Board (CMB). The bill sets forth crucial rules for crypto […]
Venom Foundation in ADGM Ceases Operations Amidst Confusion Over New Announcements
Recent developments involving the Venom Foundation have created confusion within the blockchain community. The Abu Dhabi Global Market (ADGM) Registration Authority (RA) has issued a statement clarifying that the Venom Foundation registered in ADGM has ceased all operations and is not connected to recent announcements about the launch of a new blockchain network. On May […]
Animoca Brands Leads $7 Million Funding Round for UAE-Based Param Labs
In a significant stride towards advancing the future of gaming, Animoca Brands has spearheaded a $7 million funding round for Param Labs, a UAE-based gaming infrastructure developer. This funding round saw participation from an impressive roster of investment firms including Delphi Ventures, Cypher Capital, P2 Ventures, Mechanism Capital, Merit Circle, TRGC Capital, Double Peak Group […]
Mastercard’s Start Path Program and the Missing UAE Startups
In the recent unveiling of Mastercard’s Start Path Blockchain and Digital Assets program, the spotlight shines on innovation and collaboration as five promising startups from around the world join forces to explore the transformative potential of blockchain technology. Yet, amidst the excitement surrounding this global initiative, one notable absence catches the attention of observers: the […]