22nd global edition of World Blockchain Summit held in Dubai

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The summit was held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai…reports Asian Lite News

It was an exhilarating event with 30+ hours of unconventional networking, Tech Talks, Keynotes, panel discussions and the newly launched talk show called ‘WBS Talks’ at the 22nd global edition of World Blockchain Summit in Dubai. The summit was held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai, presented by Chingari powered by $GARI; co-hosted by Paysenger; and powered by Bybit.

The summit took place on 23-24 March 2022 and was driven by Dubai’s vision to continually explore and evaluate the latest technology innovations by promoting more blockchain and crypto-related investments in the UAE, with over 4000 attendees ranging from top blockchain and crypto pioneers; industry experts; policy makers, IT leaders, investors; to solution providers, and startups.

Chief Guest was His Highness Sheikh Juma Ahmed Juma Al Maktoum, Member of the ruling family of Dubai and Chairman of Elite Partner Investment.Top speakers who attended the summit included Frederik Gregaard, Chief Executive Officer, Cardano Foundation; Faryar Shirzad, Chief Policy Officer, Coinbase; Alex Mashinsky, Founder and CEO, Celsius Network; Furqan Rassul, CEO, Elite Partner Investment; Navin Gupta, Managing Director of South Asia and MENA, Ripple; Sumit Ghosh, CEO & Co-Founder, Chingari App; Hon. Rosie Rios, Senior Advisor, Unicoin & Former Treasurer of the United States; and Stanislav Novikov, CEO, Paysenger, to name a few.

“The UAE’s efforts to develop its blockchain ecosystem and ultimately become a global blockchain hub have been characterized by the introduction of initiatives and policies that sustain the momentum of this rapid growing industry,” said Furqan Rassul while delivering the opening address at the World Blockchain Summit-Dubai.

Frederik Gregaard provided an up date on Cardano Foundation at the summit. During his address to the audience he stated, “We have now finally opened blockchain for business. We are at a stage where we can use this magnificent technology not just for NFT’s or digital assets, but we can use this offline as well.”

WBS also featured an interesting panel discussion on “Web 3.0 and the Roadmap to Mass Crypto Adoption” which included Samir Satchu, Senior VP- Public Policy & Expansion, BitOasis; Pavel Aramyan, Product Manager, Fasttoken; Igneus Terrenus, Head of Communications, Bybit; Stanislav Novikov, CEO, Paysenger; Kaylee Bushell, Chief of Staff, Decentology; and Jens Podewski, Co-Founder & CEO, FinXP.

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While speaking on the topic ‘Getting a billion DAUs to crypto’ Sumit Ghosh stated “The next 1 billion daily active users in crypto will come from gaming and crypto. Chingari will create the next creator economy revolution.”

UAE is regarded as one of the world’s most preferred locations for technology innovations. WBS proudly hosted Startup World Cup regionals by Pegasus Tech Ventures, the World Blockchain Summit provided a forum for 20 startups to showcase their innovative capabilities in front of global investors. THORWallet DEX, a company that provides non-custodial wallet to its users won the pitch slot at the 2022 Startup World Cup in San Francisco. They will now have the chance to network with startups and investors at the Startup World Cup Grand Finale, where they will present THORWallet DEX for a US$ 1 million investment prize. The summit also featured an Investor Gala Dinner on 22 March 2022 and an afterparty on 23 March 2022.

The Dubai edition of the World Blockchain Summit also conducted a special Twitter contest wherein the winner of the contest Mr Abhishek Bhatnagar (Twitter handle – @ abhishek) won Bitcoin worth 1000 USD.