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The opening day of the 22nd edition of World Blockchain Summit –Dubai 2022, under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, and cohosted by Rimaunangis, brought industry leaders, technology pioneers and web3 fans, all under one roof. The summit featured an opening address by Furqan Rassul, CEO, Elite Partner Investment and H.E. Abdulaziz Alnuaimi, Assistant Undersecretary, UAE Ministry of Economy, and industry heavyweights such as Reeve Collins, Dr. Marwan Alzarouni and Willem Middlekoop.

DUBAI, Oct 26, 2022 - (ACN Newswire) - Industry leaders presenting at the summit included Reeve Collins, Co-founder, SmartMedia Technologies, Co-founder, Tether; Dr. Marwan Alzarouni, Strategic Advisor, Digital Dubai and Willem Middelkoop, CEO and founder, Commodity Discovery Fund, to name a few.

During his address, Furqan Rassul, CEO, Elite Partner Investment quoted, “Since 2017, the World Blockchain Summit has brought together the brightest of minds in the blockchain industry, which is crucial given the blockchain's fast growing role and increasing importance in the global economy.”

H.E. Abdulaziz Alnuaimi, Undersecretary Assistant, Ministry of Economy, UAE, spoke at length about the blockchain and web3 ecosystem, stating, “Economic Paradigms are shifting, new technologies are shaping the economic landscapes, profoundly altering business and work. The latest advancements in blockchain and web3 are expanding the frontiers and the future is arriving faster than expected. To ensure our businesses remain competitive and future proof with ever changing landscape, we the business leaders and policy makers must keep track of technology development. Therefore, seeing so many distinguished delegates and entire blockchain and web3 community gathered here today is only inspiring”.

Reeve Collins, Co-founder, SmartMedia Technologies, Co-founder, Tether, also shared his thoughts on web3 and metaverse stating, “Web3 is going to change the way we use the internet, because we will have a much more interactive experience in all the websites that we go. Just like back in the 90s when everybody said "Oh we need a website", turned out everybody did, very soon everybody will be on metaverse, because it will be a better way and better experience for the users to interact with the internet.”

The opening day of #WBSDubai saw over 1000 attendees engage and network on some of today's most pressing questions in the current industry. The event featured enlightening sessions discussing the blockchain and crypto space. It also featured panel discussions, industry highlights, use-case-studies and much more.

The World Blockchain Summit – Dubai 2022 co-hosted by Rimaunangis, also provided startups with a platform to exhibit their innovative capabilities in front of global investors at the Startup World Cup pitch competition. Shipfinex, a company that is tokenizing maritime assets & simplifying investments, enabling Instant payments & a decentralized marketplace by using defi & web3 technologies, won an award for best startup.

"Dubai has positioned itself perfectly as one of the most crypto and blockchain friendly destinations in the world. With all the recent announcements around new crypto licenses being issued, Dubai Metaverse Strategy and more, we are super excited to have the web3 community come together at WBS to create meaningful collaborations and conversations that will shape the future of this industry." stated Mohammed Saleem, Founding Chairman, World Blockchain Summit (WBS).

World Blockchain Summit – Dubai, co-hosted by Rimaunangis is sponsored by:

• Headline Sponsor - Decentralized Investment Group; GBR Coin
• Platinum Sponsor – Quai Network
• Gold Sponsors – DeenAir; Oceanmoney; Quick Node; Point Network; Meta Cube Lab
• Silver Sponsors - Coinstore; Aura Dogs; Presend; GTON Capital; Communi3; The Sphynx;
• Bronze Sponsors – arteQ Qlindo; Zeeve; Fluidefi

Ecosystem Partner: Crypto Oasis

Exhibitors: Dreamster; Galaxy Heroes; Khaleeji; Minoid; ITC Games; ITC Global; Purple Quarter; Hyperhealth; BlockScan; Listing.Help; Tangent; Comtech Gold; Figment; Ledgerfi; Islamic Coin; Boba; NFTWorkx; Collective Shift; SLDC Corp; YX; PANVORA; Raven Protocol; IC Plaza and Syntrum

Investor Gala Dinner Sponsor: Shipfinex

Strategic Partner: Smartmedia Technologies

After Party Sponsor: Choise

Lanyard Sponsor: Quai Network

Official Event App Partner: Crowd Comms

Official PR Partner: Luna PR

Media Partners: Be In Crypto; TyN Magazine; CryptoNewZ; Crypto Academy; DxTalks; Women In Blockchain Canada; Bitcoin World; Coinspeaker; BinBits; Coinvestasi; Cointelegraph; The Cryptonomist; Coinstelegram; The Jordan Times; Security Middle East; Regtech Times; The Finance World; ACNNewswire; CoinsCapture; NFT24Studio; Cryptopolitan; Coinbold; Coincrunch; DX Talks; Media7; Gagsty; The Technology Magazine; Washington Elite; The Eastern Herald; Cryptera; Live Admins; The Business Year and Dverse.

The World Blockchain Summit's next stop is Bangkok, bringing together ASEAN's leading players in the space on December 8-9, 2022.

About World Blockchain Summit (WBS)

WBS hosts a global series of blockchain, crypto, metaverse and web3 business platforms that bring together the ecosystem of founders, developers, investors, regulators, enterprise buyers and influencers.

As the world's largest blockchain and web3 summit series, WBS has hosted more than 35,000 industry stakeholders at more than 20 editions in 10+ destinations around the world.

In collaboration with key industry stakeholders and our advisory board members, WBS curates a regionally relevant agenda for each edition that highlights the latest trends and upcoming opportunities in the market while also enabling deal flow, business development and more for our community of founders and investors.

WBS is committed to boosting the development, adoption, and growth of the entire web3 ecosystem.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Press Release: Releasing the iExec Portal, iExec implements an interface where individuals can participate in community-related decisions while being recognized and rewarded for their contributions.   March 23rd, Lyon, France – iExec, a decentralized marketplace for computing assets, today announces the launch of the iExec Portal, a new user-friendly interface intended for its community. With […]

The post iExec Launches iExec Portal, A New Interface to Involve and Reward the Community appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Decentralized Storage Provider StorX Network has joined hands with NFT Marketplace XDSea on a partnership set to eliminate IPFS based centralized storage. Under the terms of the collaboration, it follows that XDSea will leverage StorX decentralized storage network as a store for their art, images, and documents. We are thrilled to announce the Partnership between @StorXNetwork and @XDSeaNFT.XDSea will use Storx decentralized storage network to store art, images, and documents. This will remove file storage centralized using ipfs.#StorX #SRX #partnership https://t.co/zfM7asYJaz — StorX Network (@StorXNetwork) March 3, 2022 Standing as the first-ever, and largest P2P decentralized marketplace in the world to provide an avenue for selling and buying NFTs, XDSea is built atop the XDC Network and runs on the XRC blockchain. The collaboration and expected offerings are a testament to the numerous promises made by DIMO and XinFin who hosted the official debut of the XDSea network. From being the first NFT marketplace to join the XRC blockchain, and now offering safer and more reliable storage for digital collectibles, the possibilities remain endless for XDSea. Already XDSea is reputed for its game-changing role offering very affordable gas fees in the market today thanks to its association with XinFin. Beyond that, it also offers the lowest transaction fees in the market today. By meeting users at the junction linking gas fees, transaction fees and now security, XDC is a game-changer in an extremely agile and dynamic industry. Competitive features of StorX Network’s Decentralized Cloud StorX Network has revolutionized data storage, providing a blockchain-based decentralized cloud storage solution. This solution evades tracking, censorship, blocking, or the presence of any downtime whatsoever. With these offerings, StorX leads netizens to a safer and more secure internet version where decentralization is the theme. XDSea is the first among many who are poised to leverage this future. With this partnership, XDSea intends to leverage StorX decentralized storage for the safe storage of NFTs in the range of art, images and documents; an action that will eliminate the centralization element of storing files characteristic of IPFS. IPFS is basically the hard drive of blockchain with a specific approach for data storage. IPFS stores data in such a way that when data is added to the IPFS network, the network splits it into groups of 256Kb capacities. Each group is identifiable using a specific hash and is thereafter spread across multiple nodes on the hash-linked networks. StorX is safer than IPFS While both use transport encryption, StorX offers more security thanks to its content-encryption property. While user data is safer when being sent between individual IPFS nodes, that data is accessible to anyone who wishes to download and view it provided they have the CID. StorX enhances security by providing the content-encryption property. Moreover, the XDSea will benefit from, among other privileges offered by StorX, the assurance of offering users a safer and more reliable storage network for their digital collectibles on the cloud. With this collaboration, XDSea, therefore, expects to deliver a safer and more unregulated storage experience for its esteemed user community so that they can design and develop their valuable NFTs on the open-source NFT Marketplace, XDSea. Notably, the partnership makes for a notable milestone for StorX, positioning them as the first storage provider to collaborate with XDC NFT marketplace for purposes of solving their storage needs. The mechanics hold that every file that a user uploads on StorX is split into multiple parts before encryption into several fragments and finally stored within independent storage nodes. The nodes are run by different operators located in various parts of the world. The hallmark of StorX network’s offering centers on the fact that the system is designed as a group of autonomous storage networks. This means that there is no one operator who holds total access to the data belonging to a single user. With different parts held by different operators, the amount of power or influence held by a single holder is therefore significantly reduced to an almost invaluable minimum, hence enhanced user security. #XDCNFT are coming to the #XDCNetwork. It is still early days but new artists, fans and innovators are rapidly joining the #XDC community. Buckle up, this space is about to explode! pic.twitter.com/YjvilI4Nox — PiusVirXDC (@PiusVir) March 21, 2022  

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