Dubai to create crypto valley for blockchain growth

Dubai’s Multi Commodities Centre (DMCC) has announced the plan of a crypto valley in Dubai at the recently-conducted World Economic Forum (WEF) 2020 at Davos earlier this month with an explicit focus on the development of blockchain in the region, according to the official announcement made on 24th January 2020. The unique concept of a crypto valley gathered pace when the government of Switzerland established a Crypto Valley Association for the overall development of the blockchain and cryptocurrency ecosystem. Since then, many countries have got onboard the consortium to leverage the real power of blockchain technology and deliver customer-centric products