ZENIQ Introduces blockchain tokenization platform in Dubai

ZENIQ Introduces blockchain tokenization platform in Dubai

BUSINESS | Jul 22, 2021 | WOZINGA NEWS

ZENIQ Introduces blockchain tokenization platform in Dubai

  • DIFC-based ZENIQ introduces a platform for digital assets and blockchain technology.
  • The newly introduced platform aims to ensure safety in creating and transferring digital assets.
  • It offers alternative secure access to liquidity.

By Elah Mae Ariate Wozinga Journalist

Blockchain

ZENIQ, a platform for digital assets and blockchain technology based in the Dubai International Financial Centre (DIFC). In Dubai, it has launched a blockchain tokenization, according to IBS Intelligence report.

The newly launched platform aims to ensure the security of digital asset creation and transfer. It provides an alternative secure source of liquidity. Address the challenges posed by blockchain technologies as well.

Enhance everyday living with Blockchain Technology

The blockchain tokenization platform, in collaboration with Sheikh Saeed bin Hasher AI Maktoum, will assist the UAE government in achieving a digital economy and accelerating the country’s fourth industrial revolution.

ZENIQ founded by a unique blockchain team comprised of FinTech, sports, environmental, and legal experts to enhance everyday living using blockchain technology.

The partnership aims to capitalize on ZENIQ’s advanced blockchain research and development to launch a platform for the tokenization of physical assets in the DIFC within a few weeks, based on the report.

The user-friendly solution will provide its users with access to liquidity in the Dubai International Financial Center (DIFC) and potentially globally. At the same time, adhering to best international and local regulatory standards relating to know-your-customer (KYC), anti-money-laundering (AML). Also, other laws, without the hassle of traditional financial and banking services.

ZENIQ is collaborating with partners to launch a sustainable, secure, and trouble-free tokenization solution from the UAE.

ZENIQ providing digital innovation

“We are in line with the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a city that is fully powered by blockchain,” Sheikh Saeed Bin Hasher Al Maktoum says of the significant partnership.

“ZENIQ isn’t just unleashing the true potential of blockchain technology; it will also provide a new wave of digital innovation and economic opportunities,” said Mag. Erwin Dokter, CEO of ZENIQ. We have created a cutting-edge infrastructure and regulatory framework for the creation and adoption of digital assets and tokenization.”

ZENIQ Blockchain tokenization platform is a big help in the country, do you agree?

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