DMCC Crypto Centre

Unlock opportunities in the digital asset sector with the DMCC Custody Service Providers licence. Manage and protect digital assets securely within a regulated, crypto-friendly framework. What is the DMCC Crypto Licence for Custody Service Providers? This licence allows businesses to offer digital asset custody services, ensuring compliance with stringent regulatory standards and local laws for secure management. Why is it essential? This licence legitimises your custody services, offering access to DMCC’s comprehensive support system. Digital assets custody services are a regulated activity by VARA allowing companies to apply to get regulated in the region, DMCC offers a streamlined process to get initial review by VARA. Who can apply? Ideal for companies entering the digital asset custody sector. Applicants need technical expertise, financial stability, and a commitment to regulatory compliance. Join us at the DMCC Crypto Centre: https://lnkd.in/dwKGCvwA

Kickstart your business with DMCC’s exclusive end-of-summer offer, with up to 10% savings on selected business setup packages. As part of our award-winning community of over 24,000 member companies, you will join industry leaders across sectors such as crypto, gaming, coffee, AI, and diamonds. Seize this limited-time opportunity to be part of a dynamic and innovative environment where your business can thrive. Contact us today to learn more: https://lnkd.in/dwKGCvwA

How Web3 Redefines Data Security With over 40 million incidents in 2023, data breaches remain among the biggest concerns of company leaders worldwide. The reasons are manifold: - Cloud misconfiguration - New types of ransomware attacks - Increased exploitation of vendor systems These issues arise because traditional internet applications are controlled by organisations that dictate how user data is managed. Web3 offers a solution by decentralising data ownership and control. Decentralised web applications (dApps) store data across decentralised networks, eliminating the need to trust a single entity. Unlike traditional apps owned by specific authorities, dApps are governed by the community of users and developers. Web3 benefits: - Decentralisation: data is distributed and stored in decentralised networks - Trustlessness: no central authority manages user data, transactions, and interactions - Semantic web: web apps use metadata and artificial intelligence to perform complex tasks - Interoperability: more interconnections between diverse technologies As an ecosystem partner of DMCC Crypto Centre, Hacken, Blockchain Security Auditor offers Web3 cybersecurity services to keep you safe. Join us at the DMCC Crypto Centre: https://lnkd.in/dwKGCvwA

Blockchain technology is evolving rapidly, and its adoption is crucial for the future. Your feedback will help us understand the industry trend. Share your feedback and join DMCC Crypto Centre: https://lnkd.in/dwKGCvwA

DMCC and Bybit are back with Web3 Unleashed 2, a hackathon where the brightest developers will compete to shape the future of Web3. Get ready for an epic showcase of creativity and talent. Don’t miss out – more details coming soon.

Last chance to secure a USD 35,000 grant! Join the Boba Liftoff Accelerator programme with Brinc Apply before 23 August 2024 for the opportunity to scale your project on Boba Network Don't miss out. Join here - https://lnkd.in/dZJH-3qP

Explore All Four Types of Blockchains Blockchains are evolving. While it all started with Bitcoin in 2009, new underlying networks have evolved, offering pros and cons for different user scenarios. Public blockchains Open and decentralised, anyone can join. Resilient to attacks due to its decentralised nature. Private blockchains Restricted to specific participants, managed by a single organisation, and operates within a closed network. Hybrid blockchains Blend private and public features, allowing private systems to work alongside public ones. Balances data privacy with public access. Consortium blockchains A private blockchain with restricted access for multiple organisations, working together on a shared network. Key takeaways - Public: decentralised, open network. No single entity can censor or manipulate transactions. - Private: managed by a single organisation, operated on a small network. - Hybrid: combines private and public systems, limiting exposure of sensitive data to the public. - Consortium: multiple organisations collaborate on a decentralised network with restricted access. As an ecosystem partner of DMCC Crypto Centre, Solana Foundation offers a permissionless network, where anyone can secure the network as a validator and contribute to censorship resistance. Join us at the DMCC Crypto Centre: https://lnkd.in/dwKGCvwA

Boost your crypto business with us. As a member, enjoy exclusive access to our cutting-edge facility and supportive services in Dubai, designed to drive innovation and success in the crypto sector. Discover how our premier hub can help your business thrive: https://lnkd.in/dwKGCvwA

Want to stay ahead in the crypto world? We are thrilled to launch the DMCC Crypto Centre Telegram Channel, your new hub for all things blockchain and cryptocurrency. This channel will keep you posted on the latest news, groundbreaking events, and invaluable insights. At DMCC Crypto Centre, we are all about driving Web3 innovation. With our Telegram channel, you will tap into real-time market updates, expert opinions, and exclusive learning opportunities with industry leaders and fellow crypto enthusiasts. Join us now and be part of the future: https://lnkd.in/dh6cqRet

How Layer 2 protocols are shaping blockchain’s future Blockchain transactions have surged from 70,000 daily a decade ago to over 700,000 in 2024. This growth presents several challenges: • Slower transaction confirmation times • Higher network fees • Increased electricity consumption • Greater difficulty in running full-nodes Layer 2 (L2) protocols address these issues by operating on top of the main blockchain (Layer 1) and handling transactions off-chain. This boosts transactions per second (TPS) and reduces fees. L2 protocols vary but generally improve blockchain performance and enable new applications like decentralised apps (dApps) with high throughput. Key benefits of L2: • Addresses the blockchain trilemma of security, decentralisation, and scalability • Enhances existing blockchain capabilities • Supports innovations like dApps, NFTs, and DeFi without sacrificing security As an ecosystem partner of DMCC Crypto Centre, Boba Network provides L2 solutions for faster, cheaper, and more efficient DeFi, NFTs, games, and dApps. Explore more at the DMCC Crypto Centre: https://lnkd.in/dwKGCvwA