DIFC Innovation Hub Hosts Blockchain Week

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Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, is hosting a series of events dedicated to Blockchain.

DIFC Blockchain Week, a 4-day event that concludes today, is the first of a series of themed weeks being held at the DIFC Innovation Hub, the region’s largest innovation ecosystem that is designed to bring together innovators and investors to drive a new generation of digital businesses.

DIFC's Blockchain WeekDIFC's Blockchain Week
DIFC’s Blockchain Week

DIFC’s Innovation Hub is now home to over 60% of fintech and innovation companies based in the GCC, with a number of these companies developing Blockchain technologies. Companies operating in the DIFC Innovation Hub can take advantage of the support offered by the Centre to develop smart technology applications including education, networking, and funding initiatives.

DIFC hosted Blockchain Week to help accelerate the UAE’s digital economy and demonstrate its commitment to driving the future of finance.

A range of expert speakers, senior officials, and specialists discussed the most important issues and opportunities around the technology. Topics included encrypted banking services, digital assets and their regulation, smart contracts, as well as the investment landscape for innovation. DIFC also hosted two headline panel sessions entitled: ‘Will Blockchain and crypto reimagine the future of finance?’ and ‘How can Blockchain empower smart cities?’

The event also included a series of sessions focused on specific sectors, as well as interactive seminars and discussions to support companies and individuals in their future Blockchain strategies.

Arif Amiri, CEO, DIFC AuthorityArif Amiri, CEO, DIFC Authority
Arif Amiri, CEO, DIFC Authority

“Awareness and adoption of Blockchain is growing rapidly. DIFC Blockchain Week is a unique opportunity to meet the best minds in the sector and discuss ways to strengthen and expand Blockchain use cases. comments Arif Amiri, CEO of DIFC Authority. “DIFC will continue to play a pivotal role in promoting the adoption of Blockchain in financial services and other industries that contribute to Dubai’s economic growth.”

  • Tyler is a Fintech Junior Journalist with specific interests in Online Banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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