The Central Bank of the UAE, and the Bank of international settleents along with Emirates Institute of Finance, have called innovators and developers to submit blockchain solutions for auditing, enhancing transparency, traceability and accountability in sustainable finance. The call comes unser the COP29 UAE TechSprint, an initiative aimed at promoting innovation in scaling sustainable finance and combating climate change. The launch of the COP28 UAE TechSprint comes ahead of the UAE’s hosting of COP28 later this year. The initiative aims to encourage the participation of financial innovators and developers from global private and public sector entities in fast-tracking innovative technology solutions to address challenges in green and sustainable finance through technologies such as Artificial Intelligence (AI), Blockchain, Internet-of-Things (IoT), and sensor technologies across three problem statements: AI solutions for sustainable finance reporting, verification, and disc...

  Crypto Oasis launched its crypto Oasis report for Q2 of 2023 announcing the Green Block initiative as part of its commitment to the UAE’s Environmentally Sustainable goals. This comes as the UAE hosts the COP28 in December 2023. Crypto Oasis, a blockchain ecosystem fostering innovation in the UAE, has witnessed a significant growth in the blockchain crypto ecosystem in the UAE. In its second edition of the Crypto Oasis Ecosystem report for Q2 2023, it noted that there were now over 1,800 organizations in the blockchain and crypto industry within the country with over 8,650 employees working in crypto blockchain, metaverse, and Web3 ecosystem. The numbers are up from the ones shared in Crypto Oasis’s annual report of 2022 published in October. At that time there were 1,400 blockchain and crypto entities in the country employing 7000 people. This shows that 400 new entities registered their companies in the UAE over the past 8 months employing an extra 1,650 people in the ...

  The Climate COP28 UAE Edition will have the first DigitalArt4Climate & Blockchain4Climate edition. The roadmap for the edition will be discussed on May 2 nd 2023 side event which aims to shed light on the game changing potentials of digital innovation especially blockchain as an enabler of societal action for climate empowerment and local SDGs implementation. The virtual side event will focus on edutainment and youth in an effort to help the UN Climate Conference COP28 in Dubai UAE in December 2023.   The side event is being organized by IAAI GloCha. The IAAI association is a UNFCCC accredited non-profit organization based in Austria that promotes sustainable development and climate action through the use of innovative technologies, such as blockchain, artificial intelligence, and the Internet of Things (IoT). IAAI is a member of the Global Challenges Action Empowerment Consortium (GloCha), which is a network of organizations working together to tackle the world's ...

  UAE BANTgo, a cleantech blockchain startup developer and creator of  Impact2earn e-waste chatbot for messengers has received investment from UAE royal family investor. The investor has chosen to remain discreet regarding both identity as well as size of investment. BANTgo had also participated tat the Bedayat Business incubator organized by SEE institute in UAE. The Bedayat announcements for selection of participants for Sustainable City are still undergoing.  Sergei Ivanov, Co-Fouder of BANTgo, stated, “BANTgo impact2earn has successfully secured investment for its development in the United Arab Emirates. The investor, a representative of one of the most prominent Royal Families in the #UAE, has chosen to remain discreet regarding the valuation and size of the investment. Our goal was not merely to attract funding from Bedayat Business Incubator but to gain approval for pilot launches in The Sustainable City in Dubai. This will help us further our mission of emp...

    UAE’s DMCC, freezone has awarded blockchain AI Columbian startup EatCloud with the Impact scale program award. EatCloud is one of three startups to win cash prizes of $49,000 for 'DMCC Impact Scale-Up Program Powered by C3'. The six-month program supports the growth of impact-driven businesses that align with the UN Sustainable Development Goals, and it represents a part of DMCC's ESG strategy. As the UAE prepares to host COP28 and lead the conversation that drives the global sustainability agenda, the program comes to an end. Fifteen impact-driven SMEs addressing some of the world's most pressing sustainability challenges pitched their companies to a panel of business experts from PwC, Global Ventures, Astrolabs, and Brunswick in a pitch day that marked the end of the program.   The winners of the program are Grocedy, a Nigerian FoodTech platform that aggregates micropayments from low and middle-income earners towards a monthly food subscription and other m...