Riding the Web3 Wave : Blockchain in the UAE
• The UAE has a comprehensive regulatory framework for incorporating and capitalizing on blockchain technology.
• Home to nearly 120 blockchain start-ups, the UAE ranked third globally for the number of blockchain startups present in the 2022 Worldwide Crypto Readiness Report.
• With an exemplary implementation of blockchain technology throughout public services, the government has proved its strong inclination towards embracing the Web3 wave.
• Complementing the strategy of incorporating blockchain technology in public services, the UAE has been also popularizing investment in digital assets amongst people.
• Home to 1000 companies in the metaverse and blockchain sector, Dubai is now aiming to increase this number by 5 times in the coming 5 years.
• The country has well positioned itself to be at the forefront of driving the next wave of blockchain technology transformation. Get expert insights from RAG business consultants on how to benefit from this technology revolution.
Read More: https://www.ragroup.ae/2022/10/20/riding-the-web3-wave-blockchain-in-uae/