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Saturday, May 3, 2025

Will Blockchain Power the City of the Future? - ARAB TIMES - KUWAIT NEWS - Arab Times Kuwait News

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The UAE, and Dubai, in particular, are increasingly drawing international interest. Tech investment, start-ups, and talented entrepreneurs from all corners of the world are flocking to Dubai for its forward-thinking policies and high ambitions, aiming to be the world’s first city powered by blockchain technology. Let’s take a look at the progress made so far and some of the key players involved in building the City of the Future.
Dubai: The City of the Future
Thanks to its low taxes, ease of doing business, and world-class handling of the pandemic, both investment and immigration in Dubai are hitting new records. Visitor numbers to our emirate almost tripled in the first half of 2022 and around half of all investments in start-ups in the Middle East and North Africa (MENA) region are flowing into the UAE.
With a need to diversify our economy away from oil exports, Dubai, once a fishing village, has quickly become a leading centre for trade and...



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