The UAE has introduced the UAE Pass app, a secure national digital identity system that now serves over 11 million users across the country. This app is designed for citizens, residents, and visitors, allowing them to access thousands of online services with just one login, thereby eliminating the need to create multiple accounts for different...
Vietnam’s Techsmart Telecom has formalized a significant agreement involving telecoms, blockchain, fintech, and cybersecurity. This partnership includes three key collaborators: The Institute of Information Technology and CyberSecurity (IITCS), the UAE-based Venom Foundation, and Abu Dhabi’s GS Fund Technology and Investment. The initiative aims to develop a sovereign digital finance ecosystem, which will incorporate a national...
PRYPCO Mint has announced the launch of its second tokenised property, building on the success of its inaugural listing that was fully funded in under 24 hours. This new property will go live on 11 June 2025, reinforcing investor confidence in fractional property ownership and enhancing Dubai’s reputation as a leader in real estate innovation...
Dubai’s real estate market is undergoing a significant transformation, with tokenisation gaining traction. In May alone, property sales processed through blockchain-based platforms exceeded $399 million, which represents 17.4% of the total real estate transactions for the month. This shift towards digitised ownership models highlights a growing trend in the market. The developments in Dubai’s real...
VeraViews, an adtech firm based in the United Arab Emirates, has unveiled the country’s first home-grown Ad Exchange and Supply-Side Platform (SSP) aimed at tackling ad fraud. This initiative is part of the UAE’s innovative NextGenFDI program, which connects local businesses with verified advertisers and publishers. The announcement also highlights Khaleej Times as the first...
Ripple’s stablecoin, RLUSD, has received official approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This announcement was made by Ripple on Tuesday, marking a significant step for the cryptocurrency in the region. The DFSA’s approval allows RLUSD to be utilized by Ripple and other businesses that...
du, the leading telecom and digital services provider, has announced its role as the headline sponsor of Crypto Expo 2025, which is set to be the premier event for cryptocurrency and blockchain in the region. Scheduled for 21–22 May at the Dubai World Trade Centre, the Expo aims to serve as a key platform for...
Ripple, a leading provider of digital asset infrastructure for financial institutions, has announced its first customers in the United Arab Emirates (UAE). The partnerships with Zand Bank and Mamo will utilize Ripple Payments, which incorporates blockchain technology to offer fast and transparent cross-border payments. This service is designed for banks, crypto companies, and fintechs globally....
Ripple has significantly enhanced its presence in the United Arab Emirates by partnering with two new entities: Zand Bank and fintech firm Mamo, both of which will utilize Ripple’s blockchain-based cross-border payments platform. This strategic move aims to facilitate faster and more cost-effective international transfers using advanced blockchain technology. According to a press release from...
Bitgrit, a prominent global AI startup, has officially launched a Distributed Ledger Technology (DLT) Foundation under the regulatory framework of the Abu Dhabi Global Market (ADGM). This significant milestone paves the way for the introduction of their BGR Network, which is recognized as one of the world’s first Web3 protocols aimed at democratizing AI ownership,...