Dubai-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq.
ArabianChain has announced the launch of Palmex – one of the first digital asset exchanges to be born out of the Middle East and North Africa region.
Based in the UAE and with operations in Saudi Arabia and Kuwait, ArabianChain enables governments, enterprises, startups and individuals to use blockchain-based tools and languages and build their transactions and contracts on its platform.
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ArabianChain, the first company in the region to develop a public and decentralised platform for Smart Contracts on Blockchain, has announced that its raised a funding worth AED 3 million in the latest round.