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Everything Blockchain appoints UAE leading Cryptographic researcher as Board advisor for MENA

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  USA Everything Blockchain Inc., (EBI), a technology company that is blending blockchain, DBMS, and Zero Trust to deliver new ways to store, manage and protect data, has appointed Dr. Najwa Araj as new board member for MENA region. This makes the total number of board members five. Dr. Aaraj has 15 years of experience at global cybersecurity and consulting firms bringing critical industry knowledge and expertise to the company’s leadership team. A premier technical expert, Dr. Aaraj earned a Ph.D. with highest distinction in applied cryptography and embedded systems security from Princeton University. “The addition of Dr. Aaraj to the board is another critical step forward for the direction of the company,” said Michael Hawkins, Chairman of the Board at EBI. “Her invaluable knowledge and industry experience will undoubtedly contribute to our continued growth, product development, and education of the industry on the importance of next-generation database and security solutions.”

Chief Technology Officer of IBM a blockchain, AI expert joins Saudi Central Bank

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    Anthony Butler, the Chief Technology Officer for IBM MENA region who was based out of KSA, and is a blockchain, AI, metaverse expert has joined Saudi Central Bank (SAMA) as a senior advisor. He announced the new position on LinkedIn saying, “I’m happy to share that I’m starting a new position as Senior Advisor at Saudi Central Bank – SAMA! As a senior advisor to SAMA I will be focused on   first of a kind applications of emerging technology, such as artificial intelligence, distributed ledger technologies, quantum, and advanced cryptography in support of payments innovations (such as CBDC, stable coins, and tokenization), transformation of Suptech/Regtech, green finance,   open finance, decentralized finance (DeFi), and cybersecurity. Anthony Butler had spent 15 years as chief technology officer for IBM in the Middle East and Africa working in emerging technologies, with a specific focus on the application of artificial intelligence, blockchain and metaverse technologies.

Circle appoints Vice President for Middle East and Africa while Blockchain IOTA eyes UAE

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  While Ripple CEO Brad Garlinghouse was telling CNBC that the confusing regulation in the U.S. is pushing more crypto companies to the leave the country, Circle appointed its Vice President for Middle East and Africa, Miriam Kiwan. Kiwan on LinkedIn stated, “I’m happy to share that I’m starting a new position as Vice President, MEA at Circle!” Earlier this month, the Circle team was present in Dubai UAE at a dinner hosted by Miriam Kiwan, the partner of Raiven Capital, now she is the VP for Middle East. Jeremy Allaire, CEO of Circle Internet Financial, during an interview with Bloomberg, blamed the shrunken value of the company’s stablecoin, USD Coin, on regulatory challenges in the United States and concerns about its banking system. Garlinghouse from Ripple, in his interview talked about the leadership qualities of Europe and UAE when it comes to the regulation of digital assets. But this is not the only company that is eyeing the UAE, in a tweet  , Blockchain IOTA Founde

Former CEO of Bahrain Fintech Bay joins Fasset digital asset exchange for MENA

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  Fasset digital asset exchange has appointed the former CEO of Bahrain Fintech Bay as General Manager for MENA region. Fasset digital asset exchange seeks to empower the next billion with new ways to own connect and share digital assets. Khalid brings a track record of success as the former CEO and board member of Bahrain FinTech Bay, where he led the development and growth of Bahrain FinTech Bay into a leading fintech hub in the Middle East. Prior to his appointment, Khalid held various leadership positions in the financial services industry, focused on investment banking, market risk management and technology, where he was previously Vice President at J.P. Morgan and Barclays Capital in London. Fasset announced a partnership with Mastercard, which has chosen the company for its Start Path program to promote the adoption of crypto and blockchain technology, the firm announced on Nov. 3. "We are thrilled to welcome Khalid to the Fasset team and are confident that his expe

Saudi Central Bank Moves forward with virtual assets and CBDC program

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  The Saudi Central Bank, better known as SAMA, has appointed Mohsen AlZahrani, former Managing Director of Financial Services at Accenture KSA as Virtual Assets and CBDC (Central Bank Digital Currency) program Lead. AlZahrani recently announced this on his LinkedIn profile. This is a significant announcement given that KSA Central Bank has been working on its CBDC project since it announced its Aber project with UAE back in 2019. At the time both The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project ” Aber” is for use in financial settlements between the Kingdom of Saudi Arabia and UAE through Blockchains and Distributed Ledgers technologies.   It was known that IBM was one of the vendors working on the project. In addition six commercial banks, three from UAE and three from KSA participated in the joint digital currency project “Abe