Bitcoin isn’t currently scalable for widespread adoption and involves high transaction fees in addition to slow transaction processing speed, which is what Bithereum hopes to change.
Digital P2P remittances to soar past $300bn by 2021: report
A new study from Juniper Research has found that international digital P2P remittances conducted via mobile and online platforms will exceed $300 billion globally by 2021, up from an estimated $225 billion in 2018.
Dubai launches halal blockchain
The International Center of Islamic Economy (ICIE) in cooperation with the Dubai Airport Freezone Authority (DAFZA) has launched the Halal Digital Chain project and the Blockchain Forum.
Dubai offers springboard for blockchain and AI startups
Dubai is opening new opportunities for start-ups and entrepreneurs to become part of Dubai Government’s Strategy to elevate the city into a global platform for innovation-focused businesses.
AI, blockchain to disrupt insurance sector: experts
The remarks were made during the recently held Dubai World Insurance Congress (DWIC) under the theme “Emerging markets, emerging technologies, emerging customers”.
Cryptocurrencies are coming. Are you ready?
Cryptocurrencies are growing in popularity and many people believe they are the way of the future, but what exactly are they?
Dubai RTA to roll out blockchain-powered vehicle database
The Roads and Transport Authority (RTA) has proposed its “end-to-end vehicle lifecycle management using Blockchain” project for the Dubai 10X Initiative.
Dubai to re-invent travel experiences with blockchain
Dubai, as part of the 10X initiative, is setting out to be the first city to embark on the journey of democratising travel through the use of emerging technologies as it adds an additional distribution channel for hotels.
Booming fintech industry takes spotlight in Dubai
Over than 400 leaders in the industry of fintech have gathered in Dubai to discuss the latest innovations and the future of fintech for the global and regional markets.
Masdar clean tech projects help fuel UAE’s innovation vision
As the UAE marks Innovation Month in February, Abu Dhabi’s renewable energy company, Masdar, is accelerating the commercialisation of clean technologies at home and abroad.