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ZENIQ Launches Blockchain Tokenization Platform in Dubai
19 Jul, 2021 / 08:37 am / Reeny Joseph

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ZENIQ has launched blockchain tokenization platform in Dubai amidst the rise of awareness and demand for non-volatile cryptocurrencies, digital assets, reliable blockchain and decentralized finance applications in the UAE and across the world, has proportionally ignited concerns about risk, compliance, the environment and safety.

The partnership with Sheikh Saeed Bin Hasher Al Maktoum, ZENIQ is committed to supporting the UAE Government towards achieving a digital economy and accelerating the UAE’s role in the 4th Industrial Revolution. ZENIQ is founded by a unique team of blockchain, fintech, sports, environmental and legal experts on a mission to enhance everyday living with blockchain technology.

In particular, the partnership seeks to capitalize on ZENIQ’s highly advanced blockchain research & development to launch within a few weeks in the DIFC a cutting-edge platform for the tokenization of physical assets. The user-friendly solution will allow its users access to liquidity in the Dubai International Financial Center (DIFC), and potentially globally, whilst being compliant with best international and local regulatory standards relating to know-your-customer (KYC) and anti-money-laundering (AML) and other laws, without the hassle of the conventional financial and banking services. ZENIQ is working with the best-in-class partners to launch a sustainable, secure, and hassle-free tokenization solution from the United Arab Emirates.

ZENIQ’s tokenization platform is intended to make the UAE a pioneering global market and a go-to destination for 100% secure and user-friendly digital asset management for users and innovators alike.

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

ZENIQ CEO, Mag. Erwin Dokter, comments on the company’s potential for success, “ZENIQ isn’t just unleashing the true potential of blockchain technology, it will also provide a new wave of digital innovation and economic opportunities. We have developed an advanced infrastructure and regulatory system for the development and adoption of digital assets and tokenization”.