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Inatba Goes MENA: Igniting Blockchain Applications and Companies Across the Region

Last Updated on February 29, 2024 by Ameer Hamza

Digital disruption is reshaping industries at an unprecedented pace, and blockchain technology is leading the charge. With its ability to facilitate secure, transparent, and decentralized transactions, blockchain has captured businesses’ attention. The International Association for Trusted Blockchain Applications (INATBA) is now extending its reach to the MENA region in collaboration with the Abu Dhabi Global Market (ADGM). This strategic partnership aims to ignite innovation and growth in the region’s blockchain ecosystems, supporting blockchain companies’ development.

The ADGM will support this Belgian trade association to strengthen the blockchain ecosystem in the UAE and MENA. With a shared commitment to innovation and growth, the partnership aims to create new opportunities, promote regulatory compliance, and build a vibrant blockchain landscape.

Convergence 2.0: Inatba’s Flagship Event Comes to the UAE Under ADGM’s Patronage

At the FinTech Abu Dhabi event, a groundbreaking agreement was signed. Under this partnership, ADGM will assist INATBA in establishing connections with businesses, government stakeholders, and regulators across the UAE and the wider region. In return, INATBA will lead policy discussions on behalf of ADGM members. With INATBA’s flagship event, Convergence 2.0, slated to take place in the UAE, this collaboration is set to fuel blockchain innovation and establish strong ties with regulatory bodies on a global scale.

Unlocking Trillions in Economic Potential: Attracting More Blockchain Companies and FinTech Startups

As the UAE embraces the transformative power of blockchain, FinTech, and crypto technologies, Abu Dhabi is emerging as a leading destination for companies operating in these fields. With innovation at the heart of the nation’s economic vision, Abu Dhabi has implemented frameworks to attract businesses and stimulate growth in the digital economy. Recent estimates from PricewaterhouseCoopers suggest that blockchain alone could boost global GDP by a staggering $1.76 trillion in the coming decade. Given Abu Dhabi’s reputation as a hub of innovation and financial development, this new partnership promises to enhance its role as a global leader in the blockchain ecosystem. It will also forge new ties with regulatory bodies and cement its position as a driving force of economic progress in the MENA region.

Blockchain for the People: Inatba’s Efforts to Empower SMEs and Civil Society

During FinTech Abu Dhabi, ADGM’s chairman unveiled several exciting plans and initiatives to boost growth and attract more companies to the thriving financial hub in the capital. Meanwhile, Inatba is leading the charge in convening a diverse range of stakeholders – from industry players to regulators, startups, civil society, and more – to drive the adoption and scaling of blockchain and distributed ledger technologies across various sectors globally. Through developing transparent, trust-based frameworks in finance, social impact and standards, Inatba is spearheading efforts to unlock blockchain technology’s full potential.

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