A two-day crypto event announced in Dubai with massive expectation among the Crypto Enthusiast in the Region will host a potential conference that set valuable insights into the crypto industry by the executives and personalities. There will be several progressive Blockchain and Crypto Conferences in Dubai in 2021. According to the organizer, a minimum of 2000 attendees, 40 influential speakers, and over 50 crypto companies are expected to attend Crypto Expo Dubai 2021.
Top industry speakers like Garantex’s Mohammad Khalifa, Wallex Bank’s Simone Mazzuca, Currency.com’s Serhii Mokhniev and Mulierum’s Kayhan Kırmızıgul will be speaking at the Crypto Expo Dubai 2021 on October 14–15 at the Festival Arena, Dubai Festival City. Mulierum is also going to participate in the Dubai Expo.
A platform for new crypto product launches, market insights, and discussions on the future of crypto investing and trading. The premier Crypto event will be held at the Festival Arena, Dubai Festival City, with a top industry executive as a speaker.
The event in Dubai will include talks on decentralized technology, the future of cryptocurrency, the trend of NFT, and the driving force behind DEFI.
Why Dubai?
The United Arab Emirates, particularly Dubai, is known for supporting encryption and blockchain technology. The government of Dubai is facilitating the use of blockchain technology by its governing entities.
The city has established a new free trade zone in cryptocurrency for commercial offering, issuance, listing, and trading of digital assets. The Dubai Multi Commodities Center and the Securities and Commodities Authority (SCA) have reached an agreement that will allow firms trading in crypto- active assets to be licensed.
In a significant component of the country’s blockchain strategy, the Dubai Airport Free Zone Authority (DAFZA) has inked a deal with SCA to encourage growth in the cryptocurrency industry and improve the usage of blockchain technology in Dubai and the United Arab Emirates (UAE).
In 2021, the Dubai Financial Services Authority (DFSA) intends to draught a rule regulating cryptocurrencies, according to the organization. In March, the Department of Homeland Security and the FBI began collecting public input on the new crypto-laws.
It becomes more evident that the UAE does not want to stand by the wayside in adopting blockchain technology, whether in public infrastructure, payment systems, or investment prospects.
Crypto assets, like other assets, include a variety of dangers and enormous potential rewards. Like every new technology, legislative clarity and robust mechanisms must be ‘supported’ to guarantee safety and security. The UAE is a leading world in innovation and digital technology, which aspires to reform and welcome new technologies. Therefore, we feel favourable legislation in terms of crypto assets is expected.
Mulierum Objectives in Dubai Expo Providing a Platform for Social Media Payments
In a typical banking or credit card system, you hand up control of your cash to a third party. Accounts can be terminated without warning for violating a financial institution’s Terms of Service, requiring you to go through hoops to re-enter the system. The most crucial benefit of Mulierum is that you are the single owner of the private and public encryption keys that make up your bitcoin network identity or address.
Easier International Trade through Mulierum
Although cryptocurrencies are still generally unrecognized as legal money on national levels, they are not subject to the exchange rates, interest rates, transaction fees, or other taxes set by a single government due to their nature technology. Furthermore, by utilizing the peer-to-peer mechanism of blockchain technology, cross-border transfers and transactions may be carried out without the need to worry about currency exchange fluctuations or other such issues.
More Confidential Transactions
Each time you use a cash/credit system, the bank or credit agency may use your entire transaction history as a reference. To begin, verify your account balances to confirm you have enough cash. For more sophisticated or business-critical transactions, your financial history may be scrutinized.
Also, each transaction is a unique trade between two parties, and the conditions can be discussed and agreed upon in each case. Furthermore, information is sent in a “push” fashion, allowing you to communicate only what you want to the receiver.
Final Thoughts
Crypto Expo Dubai 2021 will be held on October 14–15 at Festival Arena, Dubai Festival City. The event will include talks on decentralized technology, the future of cryptocurrency, the trend of NFT, and the driving force behind DEFI. A minimum of 2000 attendees, 50 influential speakers, and over 50 crypto companies are expected to attend. In March, the Department of Homeland Security and the FBI began collecting public input on new crypto-laws. Mulierum is a platform for social media payments and peer-to-peer cross-border transfers.
The technology behind Mulierum allows you to communicate only what you want to share to the receiver. Even though cryptocurrencies are still generally unrecognized as legal money on national levels, they are not subject to exchange rates, interest rates, transaction fees, or other taxes set by a single government.
