In the Middle East and North Africa region
December 20, 2024
Abu Dhabi Blockchain Centre has announced a strategic partnership with Verichains, a global leader in cybersecurity and blockchain security.
The partnership aims to revolutionize the security of blockchain systems in the UAE and the MENA region, and was unveiled at the Bitcoin MENA 2024 event, embodying the two parties’ commitment to enhancing the secure infrastructure for digital innovation and driving economic growth, while establishing the region’s leadership in Web 3.0 technologies.
This partnership focuses on addressing the main challenges facing blockchain developers, companies and institutions, by providing advanced technical solutions that support all stages of system development, starting from designing systems in a safe and sustainable manner, all the way to ensuring operational continuity. The initiative also seeks to enhance trust and achieve the highest levels of security and scalability, which contributes to building a strong ecosystem that serves the diverse needs of different sectors.
Commenting on the partnership, Abdulla Al Dhaheri, CEO of the Abu Dhabi Blockchain Centre, stressed the importance of security as a fundamental pillar for the success of blockchain technologies. He pointed out that this partnership with Verichains will bring unprecedented technical expertise to the region, enabling developers and institutions to innovate with confidence. He also stressed that the announcement during the Bitcoin MENA 2024 event reflects the centre’s commitment to creating a thriving, secure and sustainable environment for blockchain systems.
For his part, Thanh Nguyen, founder of Verichains, expressed his enthusiasm for this collaboration, explaining that his company’s track record of protecting billions of dollars of digital assets for prominent clients, such as Binance, Aptos, and Polygon, places it in an ideal position to support the Abu Dhabi Blockchain Center’s vision for secure innovation.
The MENA region is witnessing a significant increase in the adoption of blockchain technologies, especially in sectors such as finance, logistics and public services, making the need for robust security solutions more urgent than ever. This partnership will help address existing security gaps and strengthen Abu Dhabi and the UAE’s position as centers of excellence in blockchain innovation, in line with the region’s ambitious digital transformation goals.
The partnership will also provide ongoing support to the region through its specialized services, including rapid incident response, penetration testing, and vulnerability assessment, ensuring projects continue to meet evolving security challenges.
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The Abu Dhabi Blockchain Centre continues to play a key role in fostering blockchain innovation through collaboration, research and education. This partnership with Verichains furthers its mission to build a secure and innovative ecosystem in line with the UAE’s digital transformation strategy.
With blockchain technology becoming a cornerstone of the global digital revolution, the UAE and the MENA region are uniquely positioned to lead the way. This partnership between the Abu Dhabi Blockchain Centre and Verichains is a significant milestone, ensuring that the security infrastructure and technical expertise are in place to realize the full potential of this technology and strengthen the region’s position on the global stage.