UAB Joins Forces with UAE Trade Connect to Combat Fraud in Trade Finance
UTC, the fintech blockchain platform of e& enterprise, is the UAE’s first commercialized solution to combat fraud in the trade finance space built on advanced technologies, namely blockchain and Artificial Intelligence (AI). In fact, UTC is a collaborative project of the banking industry and co-created with e& enterprise. UAE Trade Connect is a cloud-native solution […]
LEAP23 Unveils $9 Billion Investments for Technology and Startup Growth
LEAP23, the world’s most visionary technology event, opened a four-day run in Riyadh on Monday by announcing more than US$9 billion in investments to support future technologies, digital entrepreneurship, tech startups, and enhance the Kingdom of Saudi Arabia’s position as the largest digital market in the MENA region. The investments were revealed by His Excellency […]
Abu Dhabi University and 5ire Partner to Boost Blockchain Education
In a bid to broaden its blockchain technology programs, Abu Dhabi University (ADU) signed a Memorandum of Understanding (MoU) with 5ire, a fifth generation blockchain ecosystem, to strengthen blockchain education, research and entrepreneurship. Through this collaboration, both parties will identify and support compelling projects on blockchain technology, with a specific focus on sustainability and accessibility. […]
Kraken Ceases Abu Dhabi Operations Amidst Cryptocurrency Exchange Consolidation
Following the obtainment of a local license, Kraken, a cryptocurrency exchange, has closed its Abu Dhabi office after being open for less than a year. According to Bloomberg, as part of its restructuring, the company is reducing its global workforce by nearly one-third, leading to the layoff of most of its Middle Eastern and North […]
MoHAP Uses Metaverse Technology and Thermal Imaging Solutions for Healthcare Industry
Adding yet another feather to its cap, the Ministry of Health and Prevention (MoHAP) has launched an innovative service to evaluate healthcare professionals, including doctors and allied practitioners, using cutting-edge Metaverse technology. The 3D Digital Metaverse Assessment Service seamlessly integrates the real, virtual, and digital worlds, enhancing the delivery of both government and private healthcare […]
WEMIX Expands to Abu Dhabi to Capitalize on MENA Growth
WEMIX, a leading blockchain ecosystem developer in South Korea, has announced the launch of its subsidiary in the Middle East and North Africa (MENA) region as part of its global expansion plans. Based in Abu Dhabi Global Market (ADGM), known for its favorable regulations and partnerships, WEMIX MENA LTD is poised to drive growth in […]
Calling All Blockchain Leaders in the MENA Region
The blockchain and cryptocurrency industry in the MENA region, particularly in the UAE, has experienced significant growth in recent years. This growth is driven by innovative and forward-thinking individuals who are dedicated to shaping the future of the digital economy. To recognize and celebrate these industry leaders, UNLOCK Blockchain is proud to announce the Top […]
DIFC Unleashes the Power of the Metaverse, Announces DIFC Metaverse Platform
The Dubai International Financial Centre (DIFC) has just revealed the launch of its DIFC Metaverse Platform. This move is in line with the objectives set by Dubai’s Higher Committee for Future Technology and Digital Economy, which aims to bring in tech innovators from all over the world. The DIFC Metaverse Platform is a critical aspect […]
SITA Joins Forces with Zamna to Revolutionize Travel Processes Using Blockchain
SITA is partnering with travel identity firm Zamna Technologies to enhance its offerings for airlines, airports, and border control through the use of cutting-edge technology. The partnership aims to revolutionize the verification and handling of passenger information, such as passport details, visa information, and health records, using a decentralized blockchain model. This will enhance security, […]
Marathon Digital Launches Crypto Mining Venture in Abu Dhabi Worth $406 Million
Marathon Digital, a company that specializes in cryptocurrency mining, is partnering with FS Innovation to launch a joint venture worth $406 million. The venture, called ADGM Entity, will construct and operate bitcoin mining facilities in Abu Dhabi. The initial phase of the project will include two digital asset mining locations with a combined capacity of […]