Dubai is witnessing many developments, especially to attract global virtual asset trading platforms and cryptocurrency companies. Based on the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, a supreme committee was formed headed by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, to deal with future technology and the digital economy and aims to draw the future of artificial intelligence and investment. In the world of metaverse. Dubai seeks to become one of the largest global economies adopting "Metaverse" technology, and seeks to be a global leader in adopting digital solutions with the aim of increasing the number of "Block 11 Chain" companies by five times.
There is no doubt that the success achieved by Dubai in implementing the policies of the largest cryptocurrency exchange in the world in terms of trading volume, other than that, we see many attempts to support the efforts of the Dubai World Trade Center to establish the best innovative system in the field of digital assets, as it is indicated that the volume of digital trading is on The platform "Binance" reaches about 80 billion dollars.
And to enhance Dubai's leading role in this advanced digital sector, by establishing a headquarters for it in the virtual world, which it called "The Sandbox".
The blockchain strategy provides many economic opportunities for all sectors in the city, and enhances Dubai's reputation as a global leader in the field of development and modernity to support the entrepreneurship program and global competitiveness.