Khaleej Times

Cash in on blockchain: what you need to know

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Albeit a volatile move, no investment comes free of risk. If all this Bitcoin speak has piqued your interest or you’ve already set your heart on trading online, you’re in good company right here in the UAE. Companies and networking groups like Holborn Assets and Dubai Entreprene­urs Network (DEN) have been hosting introducto­ry classes for those who want a better awareness of the cryptocurr­ency market while Middle Eastern digital currency exchanges like BitOasis provide simple solutions for buying virtual assets with Dirhams. The UAE also offers platforms for knowledge on cryptocurr­ency and blockchain technology through seminars that are hosted by renowned experts in the field; one of the largest gatherings of its kind in the Middle East — the Dubai Internatio­nal Blockchain Summit — wrapped up in January, and the Future Blockchain Summit is scheduled for May.

These events go beyond the immediate needs of an individual investor, though, and are ideal arenas to delve into the blockchain ecosystem and understand how to adopt decentrali­sed technologi­es for smart processes across various sectors.

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