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IOTA launches $100m foundation in Abu Dhabi to create digital network

IOTA launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technology (DLT) in the Middle East.

Abu dhabiAbuz abyUnited arab emiratesDominik schienerHamad sayah al mazroueiRegistration authorityMiddle eastChairman dominikAbu dhabi global marketSayah al mazrouei

IOTA launches $100 million entity in Abu Dhabi to create digital network

Global technology network IOTA on Wednesday launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technology (DLT) in the Middle East, aiming to help convert real-world assets into digital ones, said IOTA co-founder and Chairman Dominik Schiener. DLT is similar to blockchain, a crypto technology whose potential applications has reached the hundreds since its inception more than 10 years ago. IOTA digital tokens will fund the investment.

Abu dhabiAbuz abyUnited arab emiratesDominik schienerGertrude chavez dreyfussHamad sayah al mazroueiAlden bentleyRichard changRegistration authorityMiddle eastChairman dominikAbu dhabi global marketSayah al mazroueiDigital tokensAbu dhabiDominik schiener

IOTA Price Rallies 43% on Abu Dhabi Foundation Registration to Expand in the Middle East

IOTA Price Rallies 43% on Abu Dhabi Foundation Registration to Expand in the Middle East
coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesAbu dhabiAbuz abyHamad sayah al mazroueiStephen alpherRegistration authorityUnited arabAbu dhabi global marketSayah al mazrouei

IOTA Launches $100 Million Entity in Abu Dhabi to Create Digital Network

IOTA Launches $100 Million Entity in Abu Dhabi to Create Digital Network
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesAbu dhabiAbuz abyGertrude chavez dreyfussAlden bentleyHamad sayah al mazroueiRichard changDominik schienerRegistration authoritySwitzerland novemberMiddle eastChairman dominikAbu dhabi global marketSayah al mazrouei

IOTA launches $100 million Abu Dhabi foundation for Middle East expansion

The IOTA co-founder and chairman Dominik Schiener said one of the primary goals of the foundation in Abu Dhabi is to accelerate the growth of the company’s technology throughout the Middle East region.

Abu dhabiAbuz abyUnited arab emiratesDominik schienerHamad sayah al mazroueiMiddle eastSayah al mazroueiRegistration authorityAbu dhabi global market