Regulation & Policy
Share
Liquid D Holding, deployed its blockchain based platform “Lucid Pay” at Sofitel Dubai The Palm, the luxury 5-star beach resort situated on the East Crescent of the world-famous Palm Jumeirah. Lucid Pay smart settlement platform was integrated to streamline the operations using its latest control modules for breakfast, half board, full board, as well as All Inclusive.
Commenting on the deployment, Liquid D Founder Jawad Riachi said: “It is hard to believe that we are at the 3rd generation of the platform. Lucid Pay version 3 is more powerful, easily configurable, and provides better control to our clients while continuously focusing on enhancing the customers’ experience.” Ramsey El Saarany, Hotel Manager, quoted: “Lucid Pay was necessary to optimize and innovate our existing operation and offerings. A new type of packages is now possible to offer to our valued guests. This was the first step towards designing a seamless and frictionless guest experience. Moving to a paperless operation was another critical point to our decision.”
Mohammed Mustafa, IT Infrastructure quoted: “Smooth integration and cost effectiveness were the main key elements in choosing Lucid Pay. Lucid Pay integrated effortlessly into our system with minimal investment on additional hardware.”
LucidPay has been deployed in two other hotels within the UAE over the past two years. One of them in Caesers Bluewaters hotel and Atlantis.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
Editor's Picks

Stake and ACE Target Liquidity Gap in UAE Fractional Real Estate
Walid Abou Zaki
Apr 22, 2026
4 min

IMF Backs Tokenized Finance but Still Holds On to Legacy Control
Walid Abou Zaki
Apr 5, 2026
7 min

Franklin Templeton’s 250 Digital Deal Signals a Shift Toward Active Crypto Management
Walid Abou Zaki
Apr 1, 2026
5 min
Read More Articles
In the Same Space

Russia Moves to Formalize Crypto Use in Cross-Border Trade Amid Sanctions Pressure
News Desk
Apr 23, 2026
4 min

UK Escalates Crypto Enforcement with First Raids on Illegal P2P Traders
News Desk
Apr 23, 2026
3 min

U.S. Push for Perpetual Futures Faces Global Competition from UAE and Offshore Markets
Salma Naueihed
Apr 22, 2026
4 min

New York Attorney General Sues Coinbase and Gemini Over “Illegal” Prediction Markets
News Desk
Apr 22, 2026
3 min



