Dubai’s Crypto Oasis & Crypto Valley to develop ME’s blockchain ecosystem

By Arya M Nair, Intern Reporter
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Crypto Oasis
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Crypto Valley Association, the Switzerland-based association of blockchain corporates and crypto professionals, has partnered with Dubai’s Crypto Oasis, to connect the growing blockchain communities in both Switzerland and the Middle East.

Crypto Valley Association and Crypto Oasis will collaborate to enhance the development and adoption of blockchain technology, with many of their common goals for a thriving global blockchain ecosystem.

Mr. Ralf Glabischnig, founder of the Crypto Oasis is fully focusing on connecting the Crypto Valley to the Crypto Oasis and growing the wider Inacta Group with Venture Capital and Venture Building structures in the UAE.

The goal is to replicate the unique ecosystem growth strategy from the Crypto Valley into the Crypto Oasis. Inacta is also one of the founding members of the Crypto Valley Association and believes the time is ripe for this collaboration to bring the two regions closer together and bridge the geographic distance.

Faisal Zaidi
Faisal Zaidi
Co-Founder & CMO
Crypto Oasis

“We are excited to announce our new alliance with the Crypto Valley Association. The two entities will play complementary roles and expedite our mutual aim to establish a leading global blockchain ecosystem. This alliance will connect a fragmented blockchain world by connecting Switzerland, which is at the forefront of disruptive technology, with the Middle East which is all set to become the new hub for crypto and blockchain.”

The Crypto Oasis is inviting the Dubai International Financial Centre (DIFC) to visit Crypto Valley in Zug, as a first step in establishing a bridge between Dubai and Switzerland. During their visit, they will identify blockchain organizations in Crypto Valley that have the potential to migrate to Dubai to further enhance the Crypto Oasis ecosystem. These companies will get a chance to explore the plethora of opportunities in this region and witness a friendly jurisdiction that welcomes disruption in the digital space. Further visits with other major organizations like DMCC, DWTC and ADGM are planned for the future.

Ms. Emi Lorincz, President of the Crypto Valley Association said that “I am thrilled to help accelerate the global growth of the Crypto Valley Association. After opening our CVA Latin America Chapter, the Middle East, as a hub, with already 1000+ organizations, is the fitting next step for our expansion. We are delighted to partner with the digital economy in the Middle East with our focus on blockchain technology and we’re excited about this flourishing partnership with Crypto Oasis that will help us foster blockchain adoption at a global scale.“

Related: Oman’s Al Shawamikh to use blockchain in sustainable energy management


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