Abu Dhabi has officially launched a center dedicated to driving blockchain innovation and establishing the city as a hub for top global events and workshops, connecting industry leaders. The Blockchain Center will also incorporate a venture capital arm to support and invest in Web3 startups.
The Blockchain Center aims to encourage the development of the blockchain industry in Abu Dhabi. It aims to make Abu Dhabi one of the key hubs of blockchain innovation, technology, and entrepreneurship by fostering entrepreneurial ecosystems, businesses, and universities. The center is planned to be a venue for the top international events and workshops for industry leaders. These events will also be used to inaugurate new applications for blockchain technology.
Commenting on the unveiling of the center, Abdulla Al Dhaheri, CEO of the Blockchain Center, stated: “We are delighted to establish the Blockchain Center in Abu Dhabi. Our mission is to make Abu Dhabi the global capital of blockchain technology and an educational center where everyone can learn about blockchain technology.”
Abu Dhabi Blockchain Center to Promote Blockchain Understanding and Expertise
Another of its primary objectives is to promote blockchain understanding and expertise through effective educational models as part of its work within the Abu Dhabi Blockchain Center. These programs are mainly intended to prepare individuals for the market, providing the necessary knowledge in blockchain technologies. As an educational center, IT will deliver multiple courses and training that will span from the fundamentals of blockchain to its high-level usage and creation.
Apart from the academic training, the center will also train practical human resources that will enhance the constant supply of human capital in the organization. This integrated strategy is intended to meet the increasing need for highly qualified specialists in the blockchain industry and establish Abu Dhabi as a top blockchain learning hub and talent magnet.
Another significant aspect of the Abu Dhabi Blockchain Center is its internal venture capital business dedicated to Web3 companies. This is intended to give funding and support services to promising blockchain projects to grow and thrive in a challenging environment. By fostering innovation and supporting entrepreneurship, the center aims to drive the growth of the blockchain ecosystem in Abu Dhabi.
