Global Blockchain Obtains License for DLT Solutions in Dubai Free Trade Zone by Cryptovest

Canada’s Global Blockchain Technologies recently announced that its subsidiary in Dubai has been granted a license to develop blockchain-based services and solutions within the Dubai Multi Commodities Centre (DMCC) Free Trade Zone. This area is home to over 15,000 companies, employing approximately 60,000 individuals from various countries.

The subsidiary, Blockchain Technologies DMCC (BTD), is now positioned to create blockchain software and infrastructure for clients in the Middle East. Customers are encouraged to collaborate with BTD on various projects related to distributed ledger technology (DLT). This development aligns with the UAE’s ongoing efforts to promote technological advancement and innovation in the region.