As a result of the little knowledge coupled with misinformation about recent innovations and technologies in area of blockchain and FinTech, especially in Africa, CEO of Sigma Group and founder of AIBC Summit Eman Pulis recently held a summit called the AIBC summit, to bridge that knowledge gap.
The programme which had eminet personalities from the world of blockchain grace the occasion, even had representatives of the Dubai government present at the event.
Speaking concerning the summit, Pulis said although there were technical sessions at the event, they were also able to reach out to those new to the industry
In his remarks, He emphasize that “an issue of empowerment is key, which must also be embracced by the masses,If the global community wants to see the crypto space and the blockchain thrive globally.
Recall that cryptocurrencies are virtual, unlike a euro or dollar that can be hold physically. Crypto in its own, allow users to spend money anonymously through a series of complex transactions using blockchain technology which mostimes are not usually tied to a bank or government.
However, in the global space, some businesses take crypto as payments, but overall mainstream acceptance is still limited. This is something Dubai is keen on changing with events like the AIBC Summit.
Notably, the AIBC Summit brought together key individuals and brands from AI to blockchain and of course the Internet to discuss and shape the future of emerging tech.
In a related development, Dubai launched the DMCC crypto centre few weeks ago. According to Ahmad Hamza, Executive Director of DMCC Freezone:
“the centre wants to provide an array of services for crypto and blockchain companies and platforms to help them not just set up, but also flourish and succeed. We do believe in blockchain, we do believe in crypto and we provide robust regulation working with the Securities and Commodities Authority.”