Ramziq is committed to expanding the UAE’s blockchain technology

UAE – Ramziq, an ultra-secure, easy-to-use new blockchain platform, plans to revolutionize the UAE’s expanding Blockchain technology ecosystem and bring it to the lives of consumers who currently do not have access to it.

The company laid out its ambitious plans at its recently concluded annual initiative, the Smart Chain Forum in Dubai.

Currently, only 3% of all potential users are familiar with and have access to blockchain technology – Ramziq says it is targeting the remaining 97%.

The forum enabled participants to develop concepts and sustainable methods aimed at improving the future of digital assets in this sixth technological era.

Digital assets

There were a number of interesting topics that were touched upon during the event. One of the key speakers Patrick Campos, Chief Strategy Officer, Securrency spoke on the topic “Future of Digital Assets and how blockchain is disrupting the fintech sector”. There was also a very engaging panel discussion on “Shaping the future of digital assets in the 6th era of innovation.”

Speaking to industry leaders and innovators at the forum, Solaiman Al Rifai, founder of Ramziq, explained that his company has been inspired by the UAE’s mission to be a pioneer in Blockchain and is focused on bringing the technology to all citizens.

Addressing the Smart Chain Forum as a keynote speaker, Al Rifai introduced the Zeniq NFT Marketplace. It runs on the Zeniq blockchain. Through the Zeniq Marketplace, customers can discover, collect and sell NFTs.

The Zeniq app

Rifai also elaborated on the features of the Zeniq app, which is one of the most exciting products of the Zeniq ecosystem. The app is a completely separate management system and functions as a secure wallet on the smartphone. The app also features the first ever blockchain-enabled chat system that is end-to-end encrypted and fully decentralized. This chat system has both video and voice capabilities.

It also helps in switching functionality between major coins and tokens. The app is integrated with the Zeniq debit card and also with the Zeniq Hub. The app is supported by biometric integration and is also secure with recovery word support.

He also touched on the Ramziq Tokenisation Whitepaper which talks about blockchain being a key enabler for Web 3.0 and a detailed analysis of the Zeniq blockchain ecosystem. The whitepaper describes in detail how tokenization is the key driver of the digital economy.

Tokenization

“Ramziq wants to ensure that people now have a digitized ecosystem where they can use Blockchain technology and tokenization for all their assets,” said Al Rifai. “As the tokenization of digital assets proves central to the UAE’s financial roadmap, Ramziq will address a critical market gap for digital asset storage and security.”

“Zeniq opens the doors and makes blockchain technology available to anyone and everyone. Ensure mass adoption of blockchain technology. The key focus of Ramziq through Zeniq is to focus on the 97% of people who do not have access to blockchain technology,” added Al Rifai.

Erwin Dokter, CEO of Zeniq Corporation commented: “According to forecasts, the tokenization market will reach a global volume of around $24 trillion by 2027. Zeniq’s ecosystem and its cutting-edge blockchain technology allow users to dive into this promising market.”

Walid Ahmad Abdullah Al Nuseirat, CEO and board member of Ramziq said: “Tokenized assets increase market liquidity. They also remove the liquidity premium associated with investments that are traditionally more difficult or time-consuming to sell, such as art, real estate or other investment opportunities.”

Copyright 2022 Al Hilal Publishing and Marketing Group provided by SyndiGate Media Inc. (Syndigate.info).

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