British News Agency

The Future Blockchain Summit, one of the most comprehensive large-scale blockchain events in the Middle East and North Africa (MENA) region, is gearing up to change the rules of the game with a new and empowering concept aimed at encouraging innovators across various technology domains and driving change makers. Over four dynamic days, industry leaders, enthusiasts, and visionaries will come together for a series of events and opportunities. Participants will have the chance to showcase their potentials through numerous connections and interactions and gain valuable insights from a thought-provoking agenda.

BingX officially announced its strategic expansion in the MENA (Middle East/North Africa) region in June of this year, aligning with its commitment to connect users with diverse backgrounds and promote the adoption of cryptocurrencies. Later in August, it introduced a range of peer-to-peer (P2P) transaction services for the MENA region and Turkish currency, further exemplifying its dedication to enhancing accessibility and convenience. BingX's journey in the MENA region has just begun, and it looks forward to continuing to develop the crypto ecosystem in this dynamic and promising market.

Nicholas Lo, Director of Business Development at BingX, along with Abdulla Hesham Khalifa, Community Manager of BingX MENA, and Markose Chenthitta, Brand Ambassador of BingX MENA, will be among the distinguished speakers at this prestigious event. They will share their visions for the future of blockchain, cryptocurrencies, and the broader technology landscape, contributing their insights and expertise. Nicholas will present an in-depth analysis of the significant role centralized exchanges play in promoting the expansion of Web3 in the MENA region.

Nicholas Lo, Director of Business Development at BingX, stated:

"In recent years, the MENA region has witnessed significant growth in Web3 and cryptocurrency user base, and BingX is proud to be a part of this transformative journey. We see tremendous potential for Web3 technologies in the MENA region, and our sponsorship of the Dubai Future Blockchain Summit reaffirms our commitment to driving innovation in this dynamic region and enhancing the prosperity of Web3. We look forward to exploring new horizons and collaborating with visionaries, thought leaders, and entrepreneurs at the summit to unlock the full potential of blockchain and cryptocurrencies in the MENA region."

The MENA region has become a hub for Web3 technologies, driven by significant factors such as a substantial young population, widespread mobile and internet usage, rapid digitalization, growing enthusiasm for cryptocurrencies and blockchain, and strong entrepreneurship. The integration of these elements has created a conducive environment for the advancement of Web3 technologies. Meanwhile, Dubai has emerged as a significant crypto hub, supported by its strategic geographical location, openness to regulatory frameworks, ample resources, and dynamic entrepreneurial spirit. With the sponsorship and support from BingX, the Dubai Future Blockchain Summit 2023 is expected to take this to new heights.