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Solana Foundation Collaborates with DMCC Crypto Centre to Empower Dubai's Web3 Industry | Blockster

source-logo  blockster.com 16 October 2023 11:19, UTC

In a strategic move aimed at bolstering the dynamic Web3 industry in Dubai, the Solana Foundation has officially joined forces with the DMCC Crypto Centre. Recognized as a global hub for crypto innovation, Dubai stands poised to witness the transformative impact of this partnership, as the Solana Foundation commits to supporting member companies and developers in realizing their project ambitions through a range of technical and business services.

The Dubai Multi Commodities Centre (DMCC), renowned as the world's flagship free-trade zone and the preeminent authority on commodities trade and enterprise within the Government of Dubai, enthusiastically welcomes the Solana Foundation to its ranks as an ecosystem partner.

This pivotal collaboration not only complements the existing offerings and collaborations of the DMCC but also amplifies the capability of its members to develop innovative concepts and expand their businesses utilizing Solana, a prominent blockchain platform within the industry.

Under this partnership, the Solana Foundation will provide indispensable technical and business development support to members of the DMCC Crypto Centre. Additionally, the Foundation will extend its grant program to companies within the DMCC, further solidifying the foundation for collaborative growth.

Notably, the Solana Foundation will actively participate in the DMCC Crypto Centre's educational initiatives for developers and founders, facilitating a robust ecosystem of knowledge exchange and advancement.
DMCC, further demonstrating its commitment to the partnership, will actively promote the benefits of building on Solana to the 550+ members of the Crypto Centre.
Ahmed Bin Sulayem, the Executive Chairman and Chief Executive Officer of DMCC, emphasized the pivotal role of the partnership, stating, "At the heart of the DMCC Crypto Centre lies the philosophy of providing unwavering support to our members. This collaboration with the Solana Foundation serves as a testament to our commitment, offering yet another compelling reason for crypto businesses to join us and leverage the transformative potential of the Solana blockchain platform."

Dan Albert, the Executive Director of the Solana Foundation, echoed this sentiment, affirming the natural alignment of the collaboration with the thriving crypto landscape in Dubai. He expressed enthusiasm about the prospect of integrating members of the Crypto Centre into their blockchain and expanding their ecosystem in tandem with the DMCC.

The DMCC Crypto Centre serves as an extensive ecosystem catering to companies specializing in Web3 and blockchain technologies, providing a comprehensive suite of value-added services necessary for the seamless establishment and scaling of crypto operations.

About DMCC

Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighbourhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive.

Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future. www.dmcc.ae

About Solana Foundation

The Solana Foundation is a non-profit foundation based in Zug, Switzerland, dedicated to the decentralization, adoption, and security of the Solana network. For more information, please visit https://solana.org.