THE Global Blockchain Summit in Dubai in November 2023, an exciting two-day event brought together industry experts, innovators and enthusiasts from around the world. The event provided a deep dive into the world of blockchain, cryptocurrencies and digital assets as well as other technologies that are shaping our future.
First day: morning
The first session, “The State of Blockchain: 2023 and Beyond,” set the stage for what lies ahead. It provides a comprehensive overview of the current blockchain landscape, its trends and its transformative potential.
In an interview with Kevin Soltanico-founder of GIMA Group, we gained valuable insights into the crypto and blockchain landscape in Dubai. With a focus on pre-seed and seed investments in blockchain and digital assets, Soltani shared his views on the challenges and opportunities In the region.
The focus then shifted to “DeFi: Revolutionizing Finance”. Attendees had the opportunity to explore how decentralized finance is reshaping the financial sector. Discussions revolved around the principles of DeFi, its impact on traditional banking services and the rise of new financial ecosystems.
“Exploring Digital Identity and Privacy” highlighted the importance of secure and private digital identities in an increasingly digital world. Attendees gained insight into the technologies and strategies used to protect user privacy while maintaining the benefits of digital identity.
The afternoon began with an exploration of “Blockchain for Supply Chain,” highlighting how blockchain technology can improve transparency, traceability and trust in supply chain management .
Digital transformation and blockchain adoption was another key topic that looked at how various industries are adopting blockchain. The session examined the obstacles and opportunities of blockchain integration and highlighted the need for user-friendly interfaces and educational initiatives to bridge the knowledge gap.
The day concluded with a session on “Blockchain for Social Impact,” highlighting the countless ways blockchain technology is being leveraged for social good, from humanitarian efforts to environmental conservation.
Day two of the World Blockchain Summit in Dubai looked at the future of digital assets, innovation and empowerment. In our interview with Elodie Robin, head of growth and strategy at Hub71, she describes Hub71’s remarkable journey in creating a thriving digital asset ecosystem in Abu Dhabi. With a focus on regulation, community support and a commitment to a shared vision, Hub71 is leading the way in the digital asset revolution in the region.
A session on “Transition from Fringe to Mainstream” explored the digital asset landscape, venture capital trends for 2023, and the role of developing economies in digital asset adoption.
Central bank digital currencies (CBDCs) were also examined with an overview of the technical aspects of CBDCs and their role in facilitating efficient and secure cross-border transactions. While the rise of stablecoins has focused on the design considerations and infrastructural challenges of stablecoins in decentralized systems.
“Blockchain in Government and Public Services” was another topic that examined the role of blockchain technology in revolutionizing government services. Participants delved into real-world use cases where governments are leveraging blockchain for more transparent and efficient public services.
In our interview with Mo Ali YusufCEO of Rocket, he said: “Recently, the cryptocurrency sector has been facing
considerable obstacles, particularly in the United States. This has forced many US-based companies to explore other jurisdictions and licensing options to support their growth. The ripple effect of this shift has led to the emergence of innovative solutions globally, including non-US dollar-based stablecoins, aimed at addressing these challenges.
The two-day Dubai Global Blockchain Summit witnessed the innovation, growth and limitless potential of the blockchain and cryptocurrency ecosystem. This served as a springboard in their journey to explore the myriad of opportunities and challenges that lie ahead in the blockchain and digital assets space.