MENA News
Unlock is the only official source of Blockchain and Crypto news from MENA region. latest projects and implementations in Dubai, Abu Dhabi, Bahrain, Saudi Arabia and other regional countries in the Middle East and north Africa.
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UAE Khalifa University has been identified as one of the most productive institutions with four researchers listed as the most impactful globally in the field of Blockchain Oracle. The claim was made in a paper on blockchain. The blockchain oracle problem is one of the most important barriers to overcome if smart contracts can be used to their full potential. Blockchain offers an immutable and tamper-proof ledger, where each record…
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Ripple and Moroccan Attijariwafa Bank have signed a partnership agreement. Attiajariwafa Bank, one of Morocco’s biggest banks has joined Blockchain Ripplenet. According to Bourse News this will allow Attiajariwafa Bank customers to instantly receive transfers from the other 200 banks on the Ripple network. Attijariwafa Bank, with 53.3 billion USD in assets, will utilize Ripplenet ro improve its payments systems and improve its remittance services. This is quite important given…
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UAE Megalodon, a management consultancy firm based out of Dubai, has partnered with UAE present, Blockchain enabled CasperLabs, to launch Dmusic, NFT record shop. In partnership with Haute Living, Dmusic will create more direct and valuable interactions between musicians and fans to simplify the way artists can create and offer NFTs to their supporters in a compliant way through their own channels (e.g. websites). Dmusic will allow musicians to create…
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UAE ZorroSign, Inc., a leader in digital signature solutions using blockchain technology, has signed strategic partnership with the Provenance Blockchain Foundation to integrate the new decentralized Provenance Blockchain with ZorroSign’s digital platform. ZorroSign uniquely unifies digital signatures, automated compliance, intelligent forms, document management, fraud prevention, user authentication and document verification , and will bring Provenance Blockchain’s greater transparency and liquidity to digital transactions worldwide. “We are thrilled to partner with…
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UAE Based Attarius Blockchain gaming entity founded in early 2021 in the free-zone twofour54 in Abu Dhabi, has partnered with Blockchain NEAR protocol enabled Octopus Network as an Appchain Candidate. Octopus Network is one of the leading multichain networks for launching and running Substrate-based application-specific blockchains, aka, appchains — ushering in a Web3.0 evolution. Octopus Network is built on NEAR Protocol — one of the most popular layer1 ecosystems in the crypto industry. Attarius Blockchain gaming Network chose…
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Tradeteq, A technology provider for bank asset distribution, which tokenizes bank’s already established assets or agreements , has opened offices in the UAE to service its clients in the Middle East, Africa and Indian subcontinent. The firm has incorporated an office at Dubai Multi Commodities Centre (DMCC), which it opened in January 2022. Mattia Tomba, Head of Asia at Tradeteq, will manage the new UAE office as well as continue…
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Mars4, a multi-tiered project that combines NFTs, Crypto and an immersive survival game together, has raised 250 K USD in 24 hours with its Mars land plots selling quickly. Prior to this UAE based Ghaf Capital invested in Mars4 startup. Through mars4.me, users are given a window to a virtual Mars and a host of investment opportunities via the world’s first revenue-generating NFT. Mars4 NFTs represent geographically-exact plots of land across…
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Inacta Group, Zug, Blockchain Digital transformation provider founded in 2009 by Marco Bumbacher and Ralf Glabischnig, along with its venture Tokengate that focuses on tokenization by introducing it to different areas such as real estate, commodities, art, sports and entertainment, set up operations in UAE as part of the Crypto Oasis ecosystem. Inacta is an expert partner for digital transformation and innovation. Swiss banks, insurers, and real estate companies equally…
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Bahrain based Rain, a leading cryptocurrency company, has raised USD 110 million in its Series B funding. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCOand CMT Digital. Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, Rain will utilise this investment to further expand licensing in other countries and regions,…
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The UAE Telecommunications and Digital Regulatory Authority ( TDRA) has launched the Blockchain VERIFY digital platform. The UAE VERIFY blockchain enabled digital platform enables instant verification of any user’s digital Trusted Document. A Digital Trusted Document on the VERIFY platform is a document issued by VERIFY Partners , where its data is digested into a hash and recorded on the Blockchain. This generates a footprint that can always be validated by VERIFY.…
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