aelf, a multi-chain network, and blockchain for business, announced today its entrance into the emerging Middle East blockchain economy through its new strategic partnership with the Dubai-based consultancy, Connect Global Strategies.
The partnership will serve as the first step in aelf’s expansion to the Middle East, working hand-in-hand with regional blockchain for business advocates to accelerate commercial adoption. Connect Global Strategies, a crypto advisory and investment consultancy serving the Middle East market, will primarily offer its regional expertise and on-the-ground support for aelf’s presence in Dubai, the United Arab Emirates, and the Gulf region.
“The Middle East is fast becoming a growing influence in the global blockchain ecosystem. Both the business community and governments are seeking to reorient the economy away from the oil industry, and the blockchain industry has become a key focus in making this a reality. This is evident in the sheer number of new blockchain applications across the region, including retail payments, land registry, business registration, and personal identity management. An early investor and long-term supporter of aelf, Connect Global Strategies will bring unprecedented access to key regional players, which will further our aim to provide the resources necessary to help businesses scale through blockchain adoption.”
“The appetite for business-friendly blockchain platforms in the Middle East, particularly in Dubai, is astounding. The race is on for enterprises and governments to integrate market-ready, blockchain-based solutions across a number of everyday applications and services, and aelf’s entrance is a welcome indication of things to come.”
aelf’s expansion to the Middle East serves as a significant milestone for the project, following its successful launch into the dynamic South Korean market earlier this year.