The Current Legal Status of DAOs: Decentralized Autonomous Organizations (DAOs) are virtual communities where interested persons invest in a project, usually by pooling their resources. In return, these investors get to work without the monopoly of a centralized authority; they get to make decisions by consensus rather than very few. This century has seen the […]
Dubai’s Game-changing Move: Combining Digital Gold and Blockchain Technology: Dubai has always been at the forefront of innovation and technological advancements, and the city is once again making waves in the world of finance by combining digital gold with blockchain technology. Introducing crypto gold is a game-changing move to revolutionize the gold market, and Dubai […]
Green finance has become a major global topic in recent years. This is because many countries are battling the severe effects of climate change. The Gulf countries have been particularly affected by climate change. For instance, the UAE has experienced problems like droughts and water scarcity due to the temperature rises caused by climate change. Thus, many […]
Web 3 Events Holding In UAE 2023: As a place where new ideas and technologies come together, the UAE is setting itself up to be a leader in adopting and using the latest technologies like Web3. This is evident in the numerous initiatives and policies the UAE government implements. This year, the UAE is getting […]
Government interest in the crypto industry has increased significantly. This is majorly due to crypto’s increased adoption across the world. One of the significant ways through which countries have demonstrated their interest in crypto is CBDCs. What are CBDCs? Central Bank Digital Currency (CBDC) is a digital currency issued and backed by a country’s Central […]
The global blockchain market is predicted to witness unprecedented growth in the coming years, with estimates suggesting it will reach $94.0 billion by 2027. In light of this, the Abu Dhabi-based Venom Foundation has launched a $1 billion venture capital fund poised to boost blockchain investment and accelerate the growth of web3 crypto projects. The […]
Use of Blockchain in Transforming the Agricultural Sector: Every growth-oriented economy recognizes the importance of agriculture and technology in sustenance. Although the agricultural sector is established, the use of blockchain technology can aid in transforming the industry. Why blockchain is necessary for the agricultural sector In one phrase, agriculture is indispensable. The World Bank has established a […]
Regulatory Issues Arising From Blockchain in the Middle East: Blockchain, one of the core technologies of Web 3.0, has become an increasingly popular trend redefining the contemporary world. A blockchain is a digitally distributed, decentralized, and public ledger that allows users the transparent recording and sharing of transaction information. Blockchain transactions are immutable, reliable, transparent, […]
A deep dive into Cryptographic Technologies in Blockchain : Blockchain technology has helped advance secure, transparent, and decentralized recording. It integrates modern crypto technology such as cryptography, smart contracts, and peer-to-peer (P2P) technology to promote digital currency. This article will provide an in-depth explanation of cryptographic technologies and how it is applied in the blockchain. […]
To What Extent Will Web3 Revolutionalize the Internet and Our Lives? The introduction of Web3 will make the World Wide Web look different from what we currently operate. Not only will Web3 revolutionize the internet, our lives and what we are used to are bound to be changed by this disruptive technology. This article considers […]
