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The Crypto Oasis Identifies 1,650+ Blockchain Organisations in the UAE at the End of Q4 2022

indie
5 minutes

DUBAI, UAE, Jan 18, 2023 - (ACN Newswire via SEAPRWire.com) - Crypto Oasis, the fastest growing Blockchain Ecosystem in the world has now surpassed their goal of identifying 1,500 organisations in the Ecosystem by the end of 2022. As of 31st December, there were over 1,650 organisations and the ecosystem has been growing faster than previously anticipated. The Ecosystem has witnessed a sturdy 13.8% growth that proves that the Crypto Oasis is expected to continue its robust growth in the coming months as regulators in the region welcome innovation and disruption, making it easier for blockchain-related companies to secure licences and operate. At the forefront of this is Dubai Multi Commodities Centre(DMCC) which is home to over 500 of these native Blockchain organisations, representing the largest concentration of crypto and blockchain companies in the Middle East and North Africa (MENA) region. Crypto Oasis has added 200+ new organisations in Q4 2022 that have brought in 1,300+ new professionals to the burgeoning Ecosystem, bringing the total number of individuals working in this industry to 8,300+. This 19% growth in employment numbers can be attributed to the UAE being a force t...

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1,450+ Organisation Identified in the UAE Web3 Space as per the Crypto Oasis Ecosystem Report 2022

indie
5 minutes

DUBAI, Oct 10, 2022 - (ACN Newswire via SEAPRWire.com) - Crypto Oasis, the fastest growing Web3 ecosystem in the world, announced that it had identified more than 1,450 active Web3 organisations in the UAE at the end Q3 2022. The research also identified more than 7,000 individuals working in the industry. The organisations that are active in the Blockchain space are broken down into native and non-native according to their dependency on this emerging technology. native organisations which only exist because of this technology account for 65 percent of the total number identified and non-native organisations are at 35 percent. Dubai Multi Commodities Centre(DMCC) has registered more than 460 native organisations which is more than 50% of all native Blockchain organisations in Dubai.Out of the 7,000+ individuals working in the Web3 industry, approximately 77 percent work in Blockchain native organisations and 23 percent work in non-native organisations.The Crypto Oasis Ecosystem Report is a periodic report which is now on its inaugural edition and was created in partnership with Roland Berger, one of the first top-tier strategy consulting firms to have entered the world of Blockchai...

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Taiwanese Companies Flock to ASEAN for Growth

indie
4 minutes

Singapore, Jul 25, 2022 - (ACN Newswire via SEAPRWire.com) - In the last 6 years, the New Southbound Policy has played an integral role in enabling Taiwanese enterprises to diversify and capture opportunities in one of the fastest growing regions in the world, ASEAN. During the period of January to October 2021, Taiwan invested US$5.3 billion in the ASEAN region, which amounted to 38.7% of the country's total overseas investments, the highest proportion in 20 years. In ASEAN, current trends reflect a shift towards customer-driven hyper-personalisation, as well as data-enabled optimisation. Considering the increasing focus on the ASEAN market, growth of Taiwanese enterprises are aligned with these regional trends.Customer-driven Innovation ASEAN consumer patterns have shifted in the last few years and enterprises have adapted to meet changing customer needs in the area of health, security and mobility. Amidst the global pandemic, health has been growing to be a central focus for consumers, with 85% expressing concern over health, according to an Asia-Pacific 2021 survey by Ernst & Young. This has contributed to an increased health and wellness expenditure in Southeast Asia. In t...