Blockchain Investment Technology Conference Middle East Coming to Dubai on June 25th

Industry 1 min, 34 sec READ

by Ricardo Carrasco

AEBICON Group will be hosting the Blockchain Investment Technology Conference Middle East on June 25th at The Palm Hotel in Dubai, UAE.

The AEBICON Group is currently organizing the Blockchain Investment Technology Conference Middle East (BITConME) set for June 25th at The Palm Hotel in Dubai, United Arab Emirates. Important speakers from the region are going to be participating, including Iman Mutlaq from Ingot Coin, Dr. Zaharuddin Adb Rahman from Bayan Token, and Victor Ilofuan of 9Pay. The event's moderator will be Ari Zoldan from the Quantum Media Group, and CMO of Optherium Labs, LLC.

BITConME 2018 is poised to be the largest blockchain event in the region, and it will primarily host institutional and private investors from all over the Middle East. Organizers are expecting over 1200 delegates from all over the world, and according to the BITConME website, the conference's main focus will be on upcoming Blockchain-related projects, and case-study presentations.

Speaker Iman Mutlaq from Ingot Coin, whose company aims to connect the cryptocurrency and traditional financial systems through a platform that combines a brokerage firm, a bank and an exchange, expressed her expectations for the event:

"Relevant business events and meet-ups are crucial to build credibility with investors...It's an opportunity to showcase my project and how it can help change business processes."

The United Arab Emirates is working its way up to becoming a blockchain power in the Middle East. In December 2016, Sheikh Mohammed bin Rashid Al Maktoum's government announced the "Dubai Blockchain Strategy", which is expected to save the UAE $3 billion spent annually on transactions and their related documents, 77 million work hours, emit 389 million fewer documents, and reduce kilometers spent driving by over 1.6 billion.

Also, in February, Hussain Nasser Lootah, Director General of the Dubai Municipality, helped launch a food platform called “Food Watch,” which aims to put all the nutritional and safety information of every last edible item served in the municipality into a blockchain.