8 November 2024, Fri |
2:48 AM
The Future Blockchain Summit 2021 is an innovative step by Dubai to boost industry development and put a spotlight on the sector’s tipping point. Hoo Global kicked off at the blockchain summit showcasing its technology feast for the global audiences. Hoo Global has opened its Global Operation center in Dubai recently.
The Future Blockchain Summit conducted at the Dubai World Trade Center, had world- renowned titans including Amazon, Microsoft, IBM, and Google. The annual summit, comprised exhibitions, conferences, seminars, investor programs, hackathons, and other components, brings together the world’s top developers, transformative innovators, the most disruptive innovation companies, and powerful investors.
During his “Blockchain Industry Innovation and Contemporary Finance” presentation, Dr. Farzam, executive chairman of Hoo Global, illustrated crucial opportunities and challenges that continue to face blockchain technology for contemporary finance.
“The first change of blockchain technology to contemporary finance is the change of financial instruments. Blockchain is closely integrated with traditional finance, NFT, virtual space, and other scenarios, and there will be more innovations in the future.” said Dr. Farzam.
Furthermore, Hoo Global is actively working with local governments and enterprises to develop blockchain applications at the level of empowering traditional business and social governance, leveraging Hoo Global’s ecological facilities, industry resources, technology accumulation, and other advantages to promote the comprehensive development of blockchain technology and applications in Dubai, the Middle East, and around the world.
In its third year, the Future Blockchain Summit is a grand event where blockchain practitioners from all over the world gather to discuss and promote its development and growth. “We welcome project parties, institutions, and investors who are willing to make friends with Hoo to join us and promote the sustainable development of the industry together”, added Rexy Wang.
Hoo Global, as the conference’s gold sponsor, is visible throughout the event. Many attendees were particularly taken with the company’s cartoon image, Tiger Cub, and many individuals took pictures with it. The encryption technology, according to Rexy Wang, creator of Hoo Global, will provide greater fairness, transparency, and ease to the world in the future.
Since 2018, blockchain technology and cryptocurrency have become innovative technologies and industries that Dubai focuses on. The government’s macro-level support for the blockchain industry as well as the advantageous conditions such as a safe and stable social environment, a developed financial industry, and the gathering of high-tech talents have made Dubai a landing point for many blockchain companies to conduct business globally.
