U.S based Blockchain services provider expands to MENA region with UAE as its base
SmartLedger a U.S. blockchain
services company providing advanced solutions to clients through a combination
of consultancy, partnership, and internal development has announced that it has
entered the MENA region through its subsidiary Blockchain Smart Technologies in
Dubai UAE.
As per the press release, Dubai has emerged as a global
leader in the adoption and implementation of innovative technologies such as
blockchain. The city has made significant investments in the development and
implementation of blockchain-based solutions across various sectors, including
finance, transportation, and government services.
Blockchain Smart Technologies will work to improve
manufacturing and supply-chain efficiencies, airport safety, identity
management, nano-technologies, I-gaming, ESG initiatives, and Sharia compliant
blockchain services.
Launched in 2016, the Dubai Industrial Strategy outlines the
government’s vision for the city’s future development and is based on four key
pillars: economic, infrastructure, and social development, as well as
environmental sustainability.
“We are thrilled to be a part of the blockchain ecosystem in
Dubai. This expansion represents a significant milestone for our company as we
continue to grow and expand our presence in the Middle East and beyond.” said
Eva Porras, PhD, CEO of Blockchain Smart Technologies.
“Technological advancement is a key priority for Dubai 2030,
and Blockchain Smart Technologies can play a key, innovative role in this area.
For example, blockchain can be used to improve the efficiency and transparency
of infrastructure projects, by enabling secure and transparent record-keeping
and data sharing. It can also be used to automate and streamline the process of
procurement and contracting for government and the private sector, saving both
time and money.” continued Porras.
“Blockchain Smart
Technologies is proud to bring its suite of transformative technologies to
support and achieve the strategic visions of UAE 2071 and Dubai 2030, launched
by H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime
Minister of the UAE and Ruler of Dubai” said George Ginil, Head of Business
Development for Blockchain Smart Technologies.
“Dubai is a hub for innovation, investment and technology,
making it the perfect location in the region for our new company. We believe
this expansion will allow us to better serve our clients in the region and
provide them with the solutions they need to thrive sustainably in the
fast-changing times.” continued Ginil.
“We are grateful for the opportunity to serve the dynamic
and growing community in Dubai and look forward to contributing to its thriving
technology ecosystem.” said Porras.
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