Tag Archives: blockchain

Blockchain adoption expands across global industries

Exclusive article by : Anish Jain, Founder and CEO, W Chain, a leading hybrid blockchain network

Blockchain technology is evolving very fast, offering promising opportunities and important challenges that need to be overcome for broad adoption. The integration of Artificial Intelligence (AI) is one of the most important blockchain trends. The intersection of AI and blockchain technology is transforming the industry by providing data integrity and efficiency in operations. This merging will grow really big, allowing open access to AI and preserving transparency and safety on blockchains. Smart contracts are getting more complex, including AI-based decision-making on the basis of external inputs, which should improve decision-making and automate complex transactions.

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UAE Crypto Market Grows 42% YoY on Back of Forward-Focused Government Regulation and Increasing Institutional Investment

Dubai, United Arab Emirates — September 25, 2024 — Despite a smaller population comparative to other countries in the Middle East and North Africa (MENA) region, the UAE has emerged as the region’s third largest crypto economy, receiving US$34billion in cryptocurrencies between July 2023 and June 2024. This impressive 42% year-on-year growth is significantly higher than the MENA average of 11.73%. 

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